2014-02-13 15:30:03 CET

2014-02-13 15:30:05 CET


REGULATED INFORMATION

Finnish English
Componenta - Company Announcement

Componenta decided to defer interest payment of hybrid bonds


Componenta Corporation    Stock Exchange Release 13.2.2014 at 16.30

Componenta Corporation issued two subordinated hybrid bonds in 2012 and 2013.
The current principal of the hybrid bond issued on 29 March 2012 is
approximately 4.5 million euros, and the current principal of the hybrid bond
issued on 2 September 2013 is approximately 33.7 million euros. According to
the terms and conditions of the hybrid bonds, the Company is, subject to
certain restrictions defined in the terms and conditions of the hybrid bonds,
entitled to decide to pay the interest on the hybrid bond annually either on
the interest payment date or to defer the interest payment. The next interest
payment date is 29 March 2014. For now, the Board of Directors has decided to
defer the interest payment of the hybrid bonds. The purpose of the deferment of
the interest payments is to strengthen the Company's financial position and
liquidity. 

Helsinki, 13 February 2014

COMPONENTA CORPORATION



Heikki Lehtonen
President and CEO



For further information, please contact:

Heikki Lehtonen
President and CEO
tel. +358 10 403 2200

Mika Hassinen
CFO
tel. +358 10 403 2723





Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 511 million in 2013 and its share is listed on
the NASDAQ OMX Helsinki. The Group employs approx. 4,400 people. Componenta
specializes in supplying cast and machined components and total solutions made
of them to its global customers, who are manufacturers of vehicles, machines
and equipment.