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2010-06-03 15:15:00 CEST 2010-06-03 15:15:02 CEST REGULATED INFORMATION Ruukki Group Oyj - Company AnnouncementRUUKKI GROUP ENTERED INTO A STANDBY LOAN FACILITY AGREEMENT WITH KERMASRuukki Group Plc, Stock Exchange Release, 3 June 2010 at 4:15 p.m. RUUKKI GROUP ENTERED INTO A STANDBY LOAN FACILITY AGREEMENT WITH KERMAS Kermas Ltd has today, 3 June 2010, extended a standby loan facility of 55 million US dollars to Ruukki Group Plc. The loan facility is available on 14 days notice and for 24 months. The loan term is ten years from the first draw-down. Ruukki Group Plc enters into the agreement in order to provide support, strengthen and secure the general working capital available to Ruukki Group Plc, if and when required. In addition, the loan facility terms are more favourable than available to Ruukki Group Plc from external financial institutions. The facility is currently not utilised. RUUKKI GROUP PLC Alwyn Smit Chief Executive Officer Ruukki Group is an industrial group focusing on minerals and wood processing businesses. Ruukki Group Plc's shares are listed on NASDAQ OMX Helsinki and traded in the mid cap segment, in the industrials sector. For additional information, please contact: Alwyn Smit Chief Executive Officer Ruukki Group Plc Telephone +41 7960 19094 www.ruukkigroup.fi This stock exchange release is released in Finnish and in English. In case of any discrepancies, inconsistencies or inaccuracies, the Finnish version of the release shall prevail. |
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