STORA ENSO OYJ STOCK EXCHANGE RELEASE 10 April 2026 at 18:30 EEST
THIS ANNOUNCEMENT IS NOT BEING MADE IN, AND COPIES OF IT MAY NOT BE DISTRIBUTED
OR SENT INTO, THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, SINGAPORE
OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING
OF THECAPITAL SECURITIESOR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL.
Stora Enso has successfully completed the issuance of two tranches of hybrid
bonds with a total nominal amount of EUR 1 billion. The proceeds from the
issuance will be used for general corporate purposes, including the refinancing
of existing debt and upcoming maturities.
The transaction includes two tranches:
- EUR 500 million hybrid bond with a 3-year first call period
- EUR 500 million hybrid bond with a 5.5-year first call period
The bonds are subordinated instruments with no fixed maturity date. They are
treated as equity under IFRS and are an important part of Stora Enso's long-term
financing strategy, strengthening the company's capital structure and financial
flexibility. The first bond is issued at price of 100.00 and bears a fixed
interest rate of 5.625% per annum until 17 April 2029, after which the rate will
reset periodically based on prevailing market conditions. The second bond is
issued at price of 99.47 and bears a fixed interest rate of 5.875% per annum
until 17 October 2031, with subsequent resets on the specified dates.
The bonds will be listed on the Global Exchange Market of Euronext Dublin.
“We are pleased with the strong investor demand for our hybrid bond issuance,
which enhances Stora Enso's financial flexibility and supports our long-term
strategy. The positive market response reflects confidence in our financial
strength and commitment to a solid investment-grade rating. The attractively
priced bonds further strengthen our capital structure, and we are very satisfied
with the outcome in terms of size, pricing, and investor quality," says CFO
Niclas Rosenlew.
For further information, please contact:
KaarloHöysniemi
Head of Group Treasury
tel. +358 400 251 179
Stora Enso is a global leader in renewable materials with a strong focus on
packaging. Our purpose is to replace non-renewable materials with renewable
solutions. Together with our customers, we design and deliver competitive, high
-quality packaging materials and solutions, made from fresh and recycled fibers,
accelerating the transition to a circular bioeconomy.
Stora Enso has approximately 19,000 employees and our sales in 2025 were EUR 9.3
billion. Stora Enso's shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and
Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded on OTC
Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF).
storaenso.com/investors (http://www.storaenso.com/investors/)
STORA ENSO OYJ
Important Information
The information contained herein is not for release, publication or
distribution, in whole or in part, directly or indirectly, in or into the United
States, Australia, Canada, Hong Kong, Japan, Singapore or such other countries
or otherwise in such circumstances in which the release, publication or
distribution would be unlawful. The information contained herein does not
constitute an offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of, the Capital Securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration, exemption
from registration or qualification under the securities laws of any such
jurisdiction.
Nothing in this communication constitutes an offer of securities for sale in the
United States or any other jurisdiction where it is unlawful to do so. The
Capital Securities have not been, and will not be, registered under the United
States Securities Act of 1933, as amended (the “Securities Act”), or with any
securities regulatory authority of any state or other jurisdiction of the United
States. The Capital Securities are being offered or sold outside the United
States in accordance with Regulation S under the Securities Act (“Regulation
S”), and may not be offered and sold or delivered within the United States or
to, or for the account or benefit of, U.S. persons (as defined in Regulation S),
except pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act.
This communication is directed only at persons who (a) are outside the United
Kingdom or (b) have professional experience in matters relating to investments
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the “Order”) or (c) are persons falling within
Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations,
etc.”) of the Order or (d) other persons to whom it may otherwise lawfully be
communicated under the Order (all such persons together being referred to as
relevant persons). This communication must not be acted on or relied on by
persons who are not relevant persons. Any investment or investment activity to
which the communication relates is available only to relevant persons and will
be engaged in only with relevant persons.
For further information, please contact:
Kaarlo Höysniemi
Head of Group Treasury
tel. +358 400 251 179