|
|||
2009-03-31 08:00:00 CEST 2009-03-31 08:00:15 CEST REGULATED INFORMATION Ponsse Oyj - Corporate ActionPONSSE ISSUES EUR 19 MILLION HYBRID BONDPONSSE PLC STOCK EXCHANGE RELEASE 31.03.09 AT 9:00 A.M. PONSSE ISSUES EUR 19 MILLION HYBRID BOND Ponsse Plc has resolved to issue a EUR 19 million hybrid bond to Finnish investors in order to strengthen the Group's capital structure. The coupon rate of the bond is 12.0 % per annum. The bond has no maturity but the company may call the bond after four years. The bond will be treated as equity in the Group's IFRS financial statements. The issuance of the bond will not dilute holdings of company's shareholders. A hybrid bond is an equity bond that is subordinated to company's other debt obligations but senior to its other equity instruments. Holder of a hybrid bond does not have any shareholder rights. Vieremä, 31 March 2009 PONSSE PLC Juho Nummela President and CEO Mikko Paananen CFO FURTHER INFORMATION CFO Mikko Paananen, Ponsse Plc, tel. + 358 20 768 8648 or +358 400 817 036 DISTRIBUTION Nasdaq OMX Helsinki Oy Principal media www.ponsse.com |
|||
|