Dec 23, 2013. /Lesprom Network/. Metsä Group’s parent company Metsäliitto Cooperative has signed a new Euro 400 million syndicated credit facilities agreement. The loan is used to refinance the current syndicated facility maturing in April 2014, as the company said in the press release received by Lesprom Network.

The new facilities mature in February 2019. Pohjola acted as coordinator of the facility. Other arrangers were Danske Bank, DNB, Nordea, Swedbank and SEB.

Metsä Group focuses on tissue and cooking papers, consumer packaging paperboards, pulp, wood products, and wood supply and forest services.