Metso Corporation has signed a EUR 500 million revolving 5-year loan facility with a syndicate of 14 banks. It replaces an originally EUR 450 million facility of June 2003, which is currently not drawn. The new facility is primarily to support Metso's short-term funding.
Mandated Lead Arrangers for the loan were Citibank, Commerzbank, Nordea and SEB Merchant Banking.
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 22,000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.
For further information, please contact:
Pekka Hölttä, Sr. Vice President, Corporate Treasurer, tel. +358 20 484 3195
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation,
tel. +358 20 484 3253