Financing and credit information

Page last updated: 07 Nov 2023
Financing and credit information includes information on debt, existing funding programs, ratings and bonds. 
Debt on SEPTEMBER 30, 2023 Balance (MEUR)
Convertible bonds* 118
Long-term loans from financial institutions 99
Lease liabilities 168
Other long-term loans  11
Short-term loans from financial institutions
 -
Commercial paper -
Other short-term loans and liabilities  0
Total 396

*) Part of the Convertible Bonds reported as equity

Existing funding programs on SEPTEMBER 30, 2023
  Maturity Amount (MEUR) Facility (MEUR) Utilization (MEUR) Available (MEUR)
Revolving
Credit Facility, MEUR 700
Feb 2027
               		 700
 700
 0
 700

Credit facility, Finnvera
MEUR 100

 December 2025  100  100  0  100
Finnish Commercial Paper Program
  N/A  800  800  0  800

 

Ratings

Moody’s corporate rating
Issuer corporate family rating (CFR): Ba2
Outlook: Stable
Date: May 19, 2023

 

Outokumpu Moody's rating development

 

Bond information
Bond Period Final maturity Interest rate Listed ISIN code Tracking ticker Other information
MEUR 125 2020–2025 July 9, 2025 5% Frankfurt  XS2200501653   The Conversion Price is €2.9448


Listing particulars for bonds

Not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan or Singapore, or any other jurisdiction in which the distribution or release would be unlawful.

Outokumpu Senior Unsecured EUR 125 million Convertible Bond due 2025