Huhtamäki Oyj has signed a Euro 150 million freely transferable loan agreement (Schuldschein). The loan is targeted to institutional investors. It is divided into two floating rate and two fixed rate tranches with maturities of 5 and 7 years.
Huhtamaki will use the funds for refinancing and general corporate purposes of the Group.
Huhtamaki is a leading global provider of sustainable packaging solutions.