Huhtamaki signed € 150m Schuldschein loan agreement
Huhtamäki Oyj signed a freely transferable loan agreement of 150 million euros (Schuldschein). The loan is intended for institutional investors. It is divided into two variable rate tranches and two fixed rate tranches with maturities of 3 and 5 years. Huhtamaki will use the funds for refinancing and general corporate purposes of the Group.
For more information, please contact:
Tom Erander, Vice-President, Treasury, Tel. +358 10 686 7893
HUHTAMÄKI OYJ Global communications
Huhtamaki is a key global player in sustainable packaging solutions for on-the-go and shelf foods. Our innovative products help billions of consumers around the world make responsible lifestyle choices every day. Today, packaging plays an important role in food safety and convenience. We are committed to making packaging more circular and we embed sustainability in everything we do. We are focused on achieving carbon neutral production and designing all of our products to be recyclable, compostable or reusable by 2030.
With 100 years of history and a strong Nordic heritage, we operate in 35 countries and 81 locations around the world. Our 19,000 employees strive to deliver next-generation intelligent packaging. Our net sales in 2019 amounted to 3.4 billion euros. Huhtamaki Group is headquartered in Espoo, Finland and the parent company Huhtamäki Oyj is listed on Nasdaq Helsinki Ltd. www.huhtamaki.com.