Fortum Corporation STOCK EXCHANGE RELEASE
11 July 2003 IMMEDIATELY 1 (1)
Fortum Oyj establishes 4 billion euro Medium Term Note Programme.
On 10 July 2003 Fortum Oyj has established a debt programme (Euro
Medium Term Note Programme) of Euro 4,000,000,000 in order to
enable the issue of bonds on the international capital markets.
The programme is rated BBB+ (stable outlook) from Standard and
Poors and Baa2 (positive outlook) from Moodys.
The programme was arranged by Citigroup, with ABN Amro, BNP
Paribas, Morgan Stanley, Barclays, Deutsche Bank, Nordea and SEB
as the other dealers.
Senior Vice President, Corporate Communications
Seppo Viitanen, Group Treasurer, tel. +358 10 45 24477