Espoo, Finland, 2012-03-08 08:00 CET (GLOBE NEWSWIRE) -- PRESS RELEASE 8 March
2012
On 7 March 2012, Fortum Corporation issued two 5 year bonds under its existing
Euro Medium Term Note Programme. The amount of SEK 2,750 million (about EUR 309
million) was launched and placed on the following terms;
• SEK 1,000 million 5 year Floating Rate Note due 14 March 2017
• SEK 1,750 million 5 year Fixed 3.25 % Note due 14 March 2017
The bonds were allocated to over 25 investors. The bonds will be listed in
Luxembourg. The proceeds will be used for general corporate purposes.
Danske Bank, Nordea and Swedbank acted as Join Lead Managers of the transaction.
Fortum Corporation
Corporate Communications
For further information, please contact
Jan Seveborg, Group Treasurer, Fortum Corporation, tel. +358 1045 29164
Monica Ljungström, Group Treasury, Fortum Corporation, tel. +46 8 671 7351
Fortum
Fortum's purpose is to create energy that improves life for present and future
generations. We provide sustainable solutions that fulfil the needs for low
emissions, resource efficiency and energy security, and deliver excellent value
to our shareholders. Our activities cover the generation, distribution and
sales of electricity and heat as well as related expert services.
Fortum's operations focus on the Nordic countries, Russia, Poland and the
Baltics. In the future, the integrating European and fast-growing Asian energy
markets provide additional growth opportunities. In 2011, Fortum’s sales
totalled EUR 6.2 billion and comparable operating profit was EUR 1.8 billion.
We employ approximately 10,800 people. Fortum’s shares are quoted on NASDAQ OMX
Helsinki.
Further information: www.fortum.com
