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2007-06-19 07:30:00 CEST 2007-06-19 07:30:00 CEST REGULATED INFORMATION HKScan Oyj - Company AnnouncementHKSCAN RAISES EUR 550 MILLION SYNDICATED CREDIT FACILITYHKScan Oyj STOCK EXCHANGE RELEASE 19 June 2007, at 8.30am HKSCAN RAISES EUR 550 MILLION SYNDICATED CREDIT FACILITY HKScan has signed a EUR 550 million multi-currency credit facility with an international syndicate of banks. The credit facility comprises a EUR 275 million seven-year amortising term loan and a EUR 275 million five-year credit limit. This arrangement will refinance most of HKScan's current loan portfolio and support the company's future financing needs. It will expand the financier base of the new HKScan Group and extend the average loan maturity of the Group's loan stock. The primary lending banks are Nordea, OKO Bank, Sampo and Swedbank, with DnB NORD, ABN Amro, HSH Nordbank and SEB also parties to the syndicate. HKScan Oyj Kai Seikku CEO Further information: CEO Kai Seikku and CFO Matti Perkonoja. Please leave any messages for them to call with Marjukka Hujanen on +358 10 570 6218 DISTRIBUTION: Helsinki Exchanges Main media www.hkscan.com |
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