Stora Enso Oyj - Company Announcement

Stora Enso successfully issues two five-year bonds

Helsinki, Finland, 2012-06-12 16:30 CEST (GLOBE NEWSWIRE) -- STORA ENSO OYJ
STOCK EXCHANGE RELEASE 12 June 2012 at 17.30 EET 

Stora Enso has today successfully issued two five-year bonds with total nominal
value SEK 1 700 million under its EMTN (Euro Medium Term Note) programme. Both
bonds are due on 26 June 2017. One SEK 1 350 million bond pays a floating
coupon of three months Stibor + 390 basis points and has an issue/reoffer price
of 100.000. The other SEK 350 million bond pays a fixed coupon of 5.75% and has
an issue/reoffer price of 99.010 to give a spread of 390 basis points over
five-year mid swap which equals the yield of 5.985%. The bonds have no
financial or change of control covenants. The arrangers and bookrunners for the
transaction were SEB and Nordea. 

“With these new bonds Stora Enso continues proactive actions to maintain its
liquidity at a strong level. Our funding sources are well diversified and the
maturity profile is well balanced. We last issued Swedish krona bonds in 2010,
and we have now decided to benefit from the current strong demand from Swedish
investors,” says Jyrki Tammivuori, SVP, Group Treasurer. 

For further information, please contact:
Jyrki Tammivuori, SVP, Group Treasurer, tel. +358 2046 21043
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242

www.storaenso.com
www.storaenso.com/investors


Stora Enso is the global rethinker of the paper, biomaterials, wood product and
packaging industry. We always rethink the old and expand to the new to offer
our customers innovative solutions based on renewable materials. Stora Enso
employs some 30 000 people worldwide, and our sales in 2011 amounted to EUR
11.0 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV,
STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the
USA as ADRs (SEOAY) in the International OTCQX over-the-counter market. 


STORA ENSO OYJ