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2009-12-23 15:22:14 CET 2009-12-23 15:23:44 CET REGULATED INFORMATION M-real - Company AnnouncementM-real makes partial early redemption of its 2010 bondsM-real Corporation Stock Exchange Release 23 December 2009 at 16.20 M-real makes partial early redemption of its 2010 bonds M-real Corporation, part of Metsäliitto Group, will exercise its right to partial early redemption of its senior floating rate notes maturing on 15 December 2010 (ISIN XS0276828042). The outstanding nominal amount before the redemption is approximately EUR 340 million. The total par value of redemption will be EUR 250 million. The early redemption will take place on 25 January 2010 and the redemption price will be 100 per cent plus accrued and unpaid interest to, but not including, the redemption date according to the terms of the notes. The redemption will be done on a pro rata basis. After the redemption, the par value of all outstanding Notes will be approximately EUR 90 million. The main reason for the early redemption is the company's strong liquidity position. The early redemption will reduce M-real's net financing costs in 2010 by approximately EUR 11 million. M-REAL CORPORATION Further information: Matti Mörsky, CFO, tel. +358 10 465 4913 Juha Laine, VP, IR and Communications, tel. +358 10 465 4335 [HUG#1367361] |
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