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2009-11-18 17:00:00 CET 2009-11-18 17:00:01 CET REGULATED INFORMATION Etteplan Oyj - Company AnnouncementETTEPLAN ISSUES EUR 10 MILLION HYBRID BONDETTEPLAN OYJ STOCK EXCHANGE RELEASE NOVEMBER 18, 2009 at 6.00 p.m. ETTEPLAN ISSUES EUR 10 MILLION HYBRID BOND Etteplan Oyj has resolved to issue a EUR 10 million hybrid bond. The coupon rate of the bond is 9.50% per annum. The bond has no maturity but the company may call the bond after two years. The bond was sold to a limited number of investors. The bond strengthens Group's capital structure and the arrangement provides prerequisites for expanding the business among others with company acquisitions. Hybrid bond is a bond which is subordinated to the company's other debt obligations and treated as equity in the IFRS financial statements. Hybrid bonds do not confer to holders the right to vote at shareholder meetings and do not dilute the holdings of the current shareholders. Sofia Bank acted as the sole bookrunner and Etteplan's financial advisor in the arrangement. Hollola, November 18, 2009 Etteplan Oyj Group Communications Additional information: Matti Hyytiäinen, President & CEO, tel. +358 400 710 968 DISTRIBUTION: Nasdaq OMX Helsinki Major media www.etteplan.com Etteplan is a specialist in industrial equipment engineering and technical product information solutions and services. Our customers are global leaders in their fields and operate in areas like the automotive, aerospace and defence industries as well as the electricity generation and power transmission sectors, and material flow management. Etteplan has comprehensive competence in electronics and embedded systems development, automation and electrical design, mechanical design and technical product information solutions and services. Etteplan's strength lies in its highly skilled employees who, being located near to the customers, are able to develop close, long term business relationships. We implement solutions globally according to customer needs. In 2008, Etteplan had turnover of EUR 135.3 million. The company currently has approximately 1,700 employees. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker. |
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