PRESS RELEASE 30 August 2012
Fortum Corporation has today issued a EUR 1,000 million ten-year eurobond under
its EMTN (Euro Medium Term Note) programme. The bond carries a coupon of 2.25%.
The bond offering was oversubscribed. The order-book totalled over EUR 3
billion and included over 200 international investors.
The bonds will be listed on the Luxembourg Stock Exchange. The proceeds of the
offering will be used for general corporate purposes.
Barclays, BNP Paribas, Deutsche Bank and Mitsubishi UFJ Securities acted as
joint book-runners for the transaction.
Jan Seveborg, Group Treasurer, Fortum Corporation, tel.+358 10 45 29164
Jouni Huttunen, Head of Treasury Management, Fortum Corporation, tel. +358 10
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
Further information: www.fortum.com