Ahlstrom redeems EUR 34.5 million hybrid bond
October 24, 2013 - London
Ahlstrom Corporation STOCK EXCHANGE RELEASE October 24, 2013 at 8.45
Ahlstrom will redeem the remaining EUR 34.5 million of the original EUR 80 million hybrid bond (ISIN: FI4000006929) issued in November 2009. The company will redeem all of the outstanding capital securities at the principal amount together with accrued interest.
The redemption will be made on November 25, 2013 in accordance with the terms and conditions of the hybrid bond.
In September 2013, Ahlstrom issued a new EUR 100 million hybrid bond. At the same time, the company repurchased by a public tender offer a notional amount of EUR 45.5 million of the hybrid bonds originally issued in 2009.
After this transaction only the EUR 100 million hybrid bond issued in September 2013 will remain outstanding.
For more information, please contact:
Manager, Financial Communications & Investor Relations
Tel. +358 10 888 4731
Vice President, Communications
Tel. +358 10 888 4757
Ahlstrom in brief
Ahlstrom is a high performance fiber-based materials company, partnering with leading businesses around the world to help them stay ahead. Our products are used in a large variety of everyday applications, such as filters, medical gowns and drapes, diagnostics, wallcoverings, flooring and food packaging. We have a leading market position in the businesses in which we operate. In 2012, Ahlstrom's net sales from the continuing operations (excluding Label and Processing business) amounted to EUR 1 billion. Our 3,800 employees serve customers in 24 countries. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. More information available at www.ahlstrom.com.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Ahlstrom Oyj via Thomson Reuters ONE