PRESS RELEASE: Neste Oil Corporation Issues EUR 300 Million Domestic Bond
September 07 2009 - 11:31AM
Dow Jones News
Neste Oil Corporation has issued an EUR 300 million seven-year
Domestic Bond with an annual coupon of 6.00%.
The bond issue was oversubscribed with a total order book in excess
of EUR 950 million and more than 90 investors.
The proceeds of the offering will be used for general corporate and
refinancing purposes.
Danske Bank, Nordea Markets and Pohjola Bank acted as joint
bookrunners for the transaction.
Neste Oil Corporation
Hanna Maula
Director, Corporate Communications
For further information:
Mika Rydman, Vice President and Group Treasurer, tel. +358 10 458
4710
Olli Kivi, Manager, Funding, Group Treasury, tel. +358 10 458 4683
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company
concentrating on low-emission, high-quality traffic fuels. The
company is the world's leading supplier of renewable diesel. Neste
Oil's refineries are located in Porvoo and Naantali and have a
combined crude oil refining capacity of approx. 260,000 barrels a
day. The company had net sales of EUR 15 billion in 2008 and employs
around 5,300 people. Neste Oil's share is listed on the NASDAQ OMX
Helsinki.
Neste Oil has been selected into the Dow Jones Sustainability World
Index and awarded 'Best in Class' recognition for its social
accountability by Storebrand. The company is also featured in the
Ethibel Pioneer Investment Register and included in Innovest's Global
100 list of the world's most sustainable corporations. Further
information: www.nesteoil.com.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
http://www.nesteoil.com
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