Fortum announces issue of EUR2.5bn Eurobonds under EMTN programme.
NORDIC BUSINESS REPORT-February 20, 2019-Fortum announces issue of EUR2.5bn Eurobonds under EMTN programme
(C)2019 M2 COMMUNICATIONS http://www.m2.com
Clean energy company Fortum Oyj (HEL:FORTUM) announced on Tuesday the successful issue of bonds with a total nominal amount of EUR2.5bn under its Euro Medium Term Note (EMTN) programme.
These bonds were issued in three tranches with the one tranche of EUR1,000m maturing on 27 February 2023 with a 0.875% fixed coupon, the second transche of EUR750m maturing on 27 February 2026 with a 1.625% fixed coupon and the third tranche of EUR750m maturing on 27 February 2029 with a 2.125% fixed coupon.
These bonds...
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