Stora Enso completes Eurobond tender offer
Mar 09, 2012. Stora Enso has successfully repurchased notes with nominal value Euro 336 820 000 from the 2014 bond issued in 2004 and tapped in 2009. The transaction is priced at an interpolated mid-swaps rate + 130 basis points and a yield of 2.396%, which equals a price of 105.970. The settlement date will be 13 March 2012.
Mar 09, 2012. /Lesprom Network/. Stora Enso has successfully repurchased notes with nominal value Euro 336 820 000 from the 2014 bond issued in 2004 and tapped in 2009. The transaction is priced at an interpolated mid-swaps rate + 130 basis points and a yield of 2.396%, which equals a price of 105.970. The settlement date will be 13 March 2012, as the company said in a press release received by Lesprom Network.
Citigroup, Deutsche Bank, Goldman Sachs and SEB acted as Dealer Managers on the tender offer.
Stora Enso is the global rethinker of the biomaterials, paper, packaging and wood products industry.