Suominen Oyj - Company Announcement

Listing prospectus for Suominen's EUR 75 million bond available; bank loan facilities renewed

Helsinki, Finland, 2014-09-26 09:30 CEST (GLOBE NEWSWIRE) -- Suominen
Corporation   Stock Exchange Release   26 September 2014 at 10:30am (EEST) 

LISTING PROSPECTUS FOR SUOMINEN'S EUR 75 MILLION BOND AVAILABLE; BANK LOAN
FACILITIES RENEWED 

On 17 September 2014, Suominen Corporation announced issuance of a EUR 75
million fixed rate unsecured bond with maturity of five (5) years. The Finnish
Financial Supervisory Authority has approved the listing prospectus of the
bond. The prospectus is available in English, including the summary also in
Finnish, as a pdf file on Suominen Corporation's website www.suominen.fi/. 

The bond is expected to be admitted to public trading on NASDAQ OMX Helsinki
Ltd on or about 30 September 2014. 

New bank facilities

In connection with issuing the bond, Suominen has entered into a syndicated
credit facilities agreement totaling EUR 55 million. It consists of a
multicurrency revolving credit facility of EUR 30 million with a maturity of
four years; a term loan of EUR 10 million with a maturity of three years; and a
term loan of EUR 15 million with a maturity of four years. The lenders for the
facilities are Nordea Bank Finland Plc and Pohjola Bank Plc. The new bank
facilities include leverage ratio and gearing as financial covenants. 

Suominen Corporation
Nina Kopola, President & CEO

For additional information, please contact Tapio Engström, Senior Vice
President and CFO, tel. +358 (0)10 214 300 

Suominen in brief

Suominen manufactures nonwovens as roll goods for wipes as well as for medical
and hygiene products. The end products made of Suominen's nonwovens - wet
wipes, feminine care products and swabs, for instance - bring added value to
the daily life of consumers worldwide. Suominen is the global market leader in
nonwovens for wipes and employs approximately 600 people in Europe and in the
Americas. Suominen's net sales in 2013 amounted to MEUR 373.7 and operating
profit excluding non-recurring items to MEUR 19.4 (continuing operations). The
Suominen share (SUY1V) is listed in NASDAQ OMX Helsinki Stock Exchange. Read
more at www.suominen.fi. 


Distribution:
NASDAQ OMX Helsinki Ltd
Principal media
www.suominen.fi