SOURCE: Metso Corporation

December 16, 2010 01:28 ET

Metso refinances EUR 500 million revolver

HELSINKI, FINLAND--(Marketwire - December 16, 2010) -


Metso Corporation's stock exchange release on December 16, 2010 at 8:15 a.m. local time

Metso Corporation has signed a EUR 500 million revolving 5-year committed loan facility with a syndicate of 14 banks. It replaces a EUR 500 million facility of December 15, 2006, which is currently not drawn. The facility is primarily to support Metso's short-term funding.

Mandated Lead Arrangers for the loan were Citi, Commerzbank, CA-CI Bank, Danske Bank, Nordea, Pohjola Bank, SEB and Svenska Handelsbanken. Arrangers were BBVA, ICBC, ING, Intesa Sanpaolo, Standard Chartered and Wells Fargo.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com


Metso Corporation

Olli Vaartimo
CFO

Johanna Henttonen
Vice President, Investor Relations

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com


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Source: Metso Corporation via Thomson Reuters ONE

[HUG#1473053]

Contact Information

  • Further information for the press, please contact:
    Pekka Holtta
    Sr. Vice President, Corporate Treasurer
    Metso Corporation
    tel. +358 20 484 3195

    Further information for investors, please contact:
    Johanna Henttonen
    Vice President, Investor Relations
    Metso Corporation
    tel. +358 20 484 3253