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2013-11-11 15:15:00 CET 2013-11-11 15:15:36 CET REGULATED INFORMATION Aspo - Company AnnouncementAspo issues a EUR 20 million hybrid bondAspo Plc STOCK EXCHANGE RELEASE November 11, 2013 at 16.15 Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Hong Kong, South Africa, Singapore or Japan or any other jurisdiction in which the distribution or release would be unlawful. The conglomerate Aspo issues a EUR 20 million hybrid bond, i.e. capital securities. The coupon rate of the bond is 7.00% per annum. The bond has no maturity but the company may exercise an early redemption option after three years. The settlement date of the bond is November 18, 2013. The issue was aimed primarily for domestic institutional investors and it was significantly oversubscribed. A hybrid bond is an instrument which is subordinated to the company's other debt obligations and which is treated as equity in the IFRS financial statements. The hybrid bond does not confer to its holders the rights of a shareholder and does not dilute the holdings of the current shareholders. Danske Bank acts as the sole lead manager. Attorneys at Law Borenius acts as the legal advisor to Aspo. ASPO Plc Aki Ojanen CEO Further information: Harri Seppälä, Group Treasurer, Aspo Plc, phone +358 9 5211 or +358 400 617 201 harri.seppala@aspo.com DISTRIBUTION: NASDAQ OMX Helsinki Key media www.aspo.com Aspo is a conglomerate that owns and develops business operations in the Northern Europe and growth markets focusing on demanding B-to-B customers. Our strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim to be the market leaders in their sectors. They are responsible for their own operations, customer relationships, and the development of these. Together they generate Aspo's goodwill. Aspo's Group structure and business operations are continually developed without any predefined schedules. Disclaimer This release is for informational purposes only and is not to be construed as an offer to purchase or sell or a solicitation of an offer to purchase or sell with respect to the hybrid bond. The distribution of this release and the related material concerning the issuance of the hybrid bond are prohibited by law in certain countries. The hybrid bond is not being offered to the public either inside or outside of Finland. Persons resident outside of Finland may receive this release and the related hybrid bond documentation only in compliance with applicable exemptions or restrictions. Persons into whose possession this release and the related hybrid bond documentation may come are required to inform themselves about and comply with such restrictions. This release and the related hybrid bond documentation may not be distributed or published in any country or jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction or would require actions under the laws of a state or jurisdiction other than Finland, including the USA, Canada, Australia, Hong Kong, South Africa, Singapore and Japan. The information contained herein shall not constitute an offer to sell or tender, or a solicitation of an offer to buy or sell the Issuer's hybrid bond to any persons in any jurisdiction in which such offer, solicitation or sale or tender would be unlawful. Aspo's representatives assume no legal responsibility for such violations, regardless of whether the parties contemplating investing in the Issuer's hybrid bond are aware of these restrictions or not. Aspo's hybrid bond has not been and will not be registered under the US Securities Act of 1933, nor under any securities legislation of any state in the United States, and they may not be offered, sold, resold delivered, distributed, bought or transferred in the United States or to US citizens or on behalf of US citizens, except pursuant to an exemption from the registration requirements of the Securities Act of 1933 and any applicable state law legislation. [HUG#1742184] |
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