Neste Oil issues EUR 300 million bond issue
(Thomson Reuters ONE) -
Neste Oil Corporation
Stock Exchange Release
28 June 2010 at 5.50 EET
Neste Oil issues EUR 300 million bond issue
Neste Oil Corporation has issued an EUR 300 million bond issue. The 5-year bond
carries a coupon of 4.875%.
The bond offering was oversubscribed with a total order-book of approximately
EUR 860 million and bonds were allocated to more than 130 investors. The bonds
will be listed on the Helsinki Stock Exchange.
The proceeds of the offering will be used for general corporate purposes.
BNP Paribas, Deutsche Bank and Nordea Markets acted as Joint Bookrunners for the
transaction.
Neste Oil Corporation
Hanna Maula
Director, Corporate Communication
Further information:
Mika Rydman, Vice President and Group Treasurer, Neste Oil Corporation. tel:
+358 10 458 4710
Olli Kivi, Manager, Funding, Group Treasury, tel. +358 10 458 4683
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on
low-emission, high-quality traffic fuels. The company is the world's leading
supplier of renewable diesel. Neste Oil's refineries are located in Porvoo and
Naantali and have a combined crude oil refining capacity of approx. 260,000
barrels a day. The company had net sales of EUR 9.6 billion in 2009 and employs
around 5,100 people. Neste Oil's share is listed on the NASDAQ OMX Helsinki.
Neste Oil has been selected into the Dow Jones Sustainability World Index and
awarded 'Best in Class' recognition for its social accountability by Storebrand.
The company is also featured in the Ethibel Pioneer Investment Register and
included in Innovest's Global 100 list of the world's most sustainable
corporations. Forest Footprint Disclosure (FFD) has ranked Neste Oil as the best
performer in the oil & gas sector. Further information: www.nesteoil.com.
[HUG#1427846]
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Source: Neste Oil Oyj via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 28.06.2010 - 16:50 Uhr
Sprache: Deutsch
News-ID 23125
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