ELISA STOCK EXCHANGE RELEASE 19 NOVEMBER 2025 AT 6:45 PM
Elisa issues an increase of EUR 200 million in the original amount of its 2030
maturing bond (tap issue). The new notes are issued under Elisa's EUR 2 billion
EMTN (Euro Medium Term Note) Programme. The proceeds from the tap issue will be
used for the refinancing of upcoming maturities and general corporate purposes.
The tap issue concerns the original amount of EUR 300 million issued on 14 May
2025 and maturing on 14 May 2030 (ISIN: XS3070067072). The EUR 200 million tap
issue will be combined with the previously issued bond, after which they will
form a single bond. After the increase, the total capital of the bond will be
EUR 500 million, which raises the bond to the benchmark category.
The reoffer yield of the EUR 200 million tap issue is equivalent to mid swap
rate 2.380 + 68 basis points. The annual fixed coupon rate is 2.875 % and issue
price 99.228.
“With this transaction, we proactively manage the coming loan repayments and
lengthen the average maturity. After the merger of the loans, the bond will
become Elisa's first benchmark-sized bond. This helps us to reach broader
investor base going forward”, says Elisa's CFO Kristian Pullola.
Danske Bank A/S and Nordea Bank Abp acted as the Joint Bookrunners of the bond
issue.
Further information:
Juho Saarinen, Group Treasurer
tel. +358 44 535 0595
ELISA CORPORATION
Vesa Sahivirta
IR Director
tel. +358 50 520 5555
Distribution:
Nasdaq Helsinki
Principal media
elisa.com