EUROPE/MIDDLE EAST/AFRICA

摘要

Paper and packaging producer metsa board has completed the refinancing of €450m of existing secured loans through a €250m unsecured loan and a €225m senior unsecured bond. The new loan comprises a €150m term loan and a €100m revolver, both maturing in March 2018. Nordea is co-ordinator of the credit facility, while Danske Bank, Pohjola Markets, SEB and Swedbank were also arrangers. The loan will be used mainly to repay a €350m secured term loan that was set to mature in March 2016, while the revolver replaces an existing undrawn €100m secured revolver that was due to mature in May 2015.