Metso issued a EUR 300 million Eurobond

Metso issued a EUR 300 million Eurobond

Metso Corporation's stock exchange release on May 31, 2017 at 7:50 p.m. EET

Yesterday Metso announced its intention to issue new notes and announced a voluntary tender offer. Today Metso has issued and priced a new Eurobond maturing in 2024. The bond is issued under Metso's EUR 1,5 billion EMTN (Euro Medium Term Note) program.

The amount of the new bond is EUR 300 million and its reoffer interest rate is equivalent to 7-year Euro midswap rate 0.417% + 77 basis points. The Interest coupon is 1.125% and issue price is 99.586%.

The issue was substantially oversubscribed and the bond was allocated to 72 investors. An application will be made for a listing of the notes on the Luxembourg Stock Exchange, where the EMTN program is currently listed. The Joint Lead Managers for the bond issue are Citigroup Global Markets Limited, Danske Bank A/S, Nordea Bank AB (publ) and OP Corporate Bank plc.

With the announced transactions, Metso extends the company's debt maturity profile in an efficient manner.

Disclaimer

The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States or Japan. These written materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States or to conduct a public offering of securities in the United States.

This communication is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents.

Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,000 services professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the Nasdaq Helsinki in Finland, and had sales of about EUR 2.6 billion in 2016. Metso employs over 11,000 people in more than 50 countries. Expect results. 
metso.com , twitter.com/metsogroup   

Further information, please contact:
Minna Helppi, SVP, Group Treasurer, Metso Corporation, tel +358 20 484 3195

Metso Corporation

Eeva Sipilä
CFO

Juha Rouhiainen
VP, Investor Relations

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