Oriola-KD redeems the EUR 40 million hybrid bond

Oriola-KD Corporation Stock Exchange Release 18 March 2015 at 3.00 p.m.

Oriola-KD redeems the EUR 40 million hybrid bond

Oriola-KD Corporation ("Oriola-KD") will redeem its EUR 40 million hybrid bond in its entirety together with accrued interest. The hybrid bond was issued on 20 February 2014.  

According to the terms and conditions of the hybrid bond, the hybrid bond can be redeemed in its entirety if Oriola-KD issues equity instruments at an amount at least equal to the outstanding amount of the hybrid bond. The EUR 75.6 million rights offering by Oriola-KD that concluded in early March 2015 thus enables the redemption of the hybrid bond. The hybrid bond will be redeemed in accordance with its terms and conditions on 20 April 2015.

Oriola-KD Corporation

Tuomas Itkonen
CFO

Additional Information

Tuomas Itkonen
CFO
Tel: +358 40 596 4004
e-mail: tuomas.itkonen@oriola-kd.com

Sami Laine
Group Treasurer
Tel: +358 40 638 0251
e-mail: sami.laine@oriola-kd.com

Distribution:
NASDAQ OMX Helsinki Ltd
Key media

Released by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com