Jun 10, 2005. /Lesprom Network/. Stora Enso announced that the 5-year Euro 500 million benchmark bond of Stora Enso Oyj, rated Baa1 (negative)/BBB+ (stable), is now priced and launched under the Company's EMTN (Euro Medium Term Note) programme. Due 22 June 2010, the deal pays a fixed coupon of 3.25% and has an issue/reoffer price of 99.977 to give a spread of 58bps over 5-year mid swap. The bond was issued to improve the Company's debt structure and take advantage of favourable market conditions. Joint Bookrunners for this transaction were Barclays Capital and Citigroup. Co-managers are BNP Paribas, Danske Bank, Deutsche Bank, Merrill Lynch and UBS.