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Aspo Oyj — Capital/Financing Update 2013
Sep 20, 2013
3255_rns_2013-09-20_f42446b7-fb93-4de0-a812-ae1b25e6be55.html
Capital/Financing Update
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Aspo to increase its domestic commercial paper program
Aspo to increase its domestic commercial paper program
ASPO Plc STOCK RELEASE September 20, 2013 at 12:00
Aspo Plc has signed an EUR 80 million domestic commercial paper program. The
previous contract, signed in 2008, amounted to EUR 50 million.
The program supports Aspo's extensive funding base. Within the framework of the
program, the company can issue commercial papers having a maturity of less than
one year to finance Aspo's working capital and other short-term funding needs.
The following banks act as brokers in the program: Pohjola Bank Plc, Nordea Bank
Finland and Danske Bank Plc.
ASPO Plc
Aki Ojanen
CEO
Further information:
Harri Seppälä, Group Treasurer, Aspo Plc, phone +358 9 5211 or +358 400 617 201
harri.seppala(a)aspo.com
DISTRIBUTION:
NASDAQ OMX Helsinki
Key media
www.aspo.com
Aspo is a conglomerate that owns and develops business operations in the
Northern Europe and growth markets focusing on demanding B-to-B customers. Our
strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim
to be the market leaders in their sectors. They are responsible for their own
operations, customer relationships, and the development of these. Together they
generate Aspo's goodwill. Aspo's Group structure and business operations are
continually developed without any predefined schedules.
[HUG#1730428]