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Oriola-KD Corporation issues EUR 40 million hybrid bond
13.2.2014
Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Hong Kong, South Africa or Japan or any other jurisdiction in which the distribution or release would be unlawful. Oriola-KD Corporation Stock Exchange Release 13 February 2014 at 5 p.m. Oriola-KD Corporation issues EUR 40 million hybrid bond Oriola-KD Corporation issues a EUR 40 million hybrid bond. The bond bears a fixed interest rate of 7.00 per cent per annum until 20 February 2017 and a floating interest rate thereafter. The hybrid bond has no maturity date but the issuer is entitled to redeem the hybrid bond after three years. The settlement date of the hybrid bond is 20 February 2014. The hybrid bond is aimed at institutional investors. Oriola-KD intends to use the proceeds of the issue primarily in refinancing and restructuring the existing debt taken out to fund the company's investments. The proceeds may also be used in general corporate purposes. A hybrid bond is an instrument which is subordinated to the company's other debt obligations and which is treated as equity in the IFRS financial statements. The hybrid bond does not confer to its holders the rights of a shareholder and does not dilute the holdings of the current shareholders. Nordea Markets acts as the sole lead manager for the transaction. Hannes Snellman Attorneys Ltd acts as legal advisor to Oriola-KD. Oriola-KD Corporation Tuomas Itkonen CFO Sami Laine Group Treasurer For further information, please contact: Tuomas Itkonen CFO tel. +358 40 596 4004 e-mail: tuomas.itkonen@oriola-kd.com Sami Laine Group Treasurer tel. +358 40 638 0251 e-mail: sami.laine@oriola-kd.com Distribution: NASDAQ OMX Helsinki Ltd Key Media Released by: Oriola-KD Corporation Corporate Communications Orionintie 5 FI-02200 Espoo www.oriola-kd.com Disclaimer This release is for informational purposes only and is not to be construed as an offer to purchase or sell, or a solicitation of an offer to purchase or sell, with respect to any hybrid bond. The distribution of this release and the related material concerning the issuance of the hybrid bond are prohibited by law in certain countries. The hybrid bond is not being offered to the public either inside or outside of Finland. Persons resident outside of Finland may receive this release and the related hybrid bond documentation only in compliance with applicable exemptions or restrictions. Persons into whose possession this release and the related hybrid bond documentation may come are required to inform themselves about and comply with such restrictions. This release and the related hybrid bond documentation may not be distributed or published in any country or jurisdiction or otherwise if to do so would constitute a violation of the relevant laws of such jurisdiction or would require actions under the laws of a state or jurisdiction other than Finland, including the USA, Australia, Canada, Hong Kong, South Africa and Japan. The information contained herein shall not constitute an offer to sell or tender, or a solicitation of an offer to buy or sell the hybrid bond to any persons in any jurisdiction in which such offer, solicitation or sale or tender would be unlawful. Oriola-KD's representatives assume no legal responsibility for such violations, regardless of whether the parties contemplating investing in the hybrid bond are aware of these restrictions or not. Oriola-KD's hybrid bond will not be registered under the US Securities Act of 1933, nor under any securities legislation of any state in the United States, and they may not be offered, sold, resold, donated, delivered, distributed, bought or transferred in the United States or to US citizens or on behalf of US citizens, except pursuant to an exemption from the registration requirements of the Securities Act of 1933 and any applicable state law legislation. [HUG#1761842]
