Rautaruukki Corporation issued EUR 150 million domestic bond
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Friday, 06 Nov 2009
Rautaruukki Corporation has issued a EUR 150 million bond targeted at domestic investors. This five-year bond carries an annual fixed rate coupon of 5.25 per cent.
The bond is the first tranche of a EUR 300 million tap issue.
The proceeds of the offering will be used for general corporate purposes and to refinance a bond maturing in 2010.
Sampo Bank acted as bookrunner for the transaction.
