UPONOR ISSUES TWO BONDS WITH AN AGGREGATE PRINCIPAL AMOUNT OF 100 MILLION EUROS
Uponor Corporation Stock exchange release 14 June 2011 17.05 EEST
UPONOR ISSUES TWO BONDS WITH AN AGGREGATE PRINCIPAL AMOUNT OF 100 MILLION EUROS
Uponor Corporation issues two bonds with an aggregate principal amount of 100 million euros targeted mainly to Finnish domestic institutional investors. The floating rate 5 year bond totals 20 million euros and the floating rate 7 year bond 80 million euros.
Issue date is 21 June 2011. The five year bond pays a coupon of 6 months EURIBOR + 1.75 per cent and the seven year bond 6 months EURIBOR + 2.05 per cent.
Danske Markets acts as the sole lead manager of the transaction.
For further information, please contact:
Minna Helppi, Vice President, Treasury and Risk Management, tel. +358 20 129 2825
Uponor Corporation
Riitta Palomäki
CFO
Tel. +358 20 129 2822
DISTRIBUTION:
NASDAQ OMX – Helsinki
Media
www.uponor.com
Uponor is a leading international provider of plumbing and indoor climate solutions for residential and commercial building markets across Europe and North America. In Northern Europe, Uponor is also a prominent supplier of infrastructure pipe systems. Uponor offers its customers solutions that are technically advanced, ecologically sustainable, and safe and reliable to own and operate. The Group employs approx. 3,200 persons, in 30 countries. In 2010, Uponor's net sales totalled 750 million euros. Uponor Corporation is listed on NASDAQ OMX Helsinki in Finland. http://www.uponor.com