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Rottneros — Capital/Financing Update 2011
Jan 10, 2011
3105_rns_2011-01-10_62bafe36-3a93-465e-b3ba-844a75720628.pdf
Capital/Financing Update
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PRESS RELEASE
Rottneros AB (publ) Box 70 370, SE-107 24 Stockholm, Sweden Tel +46 8 590 010 00 www.rottneros.com
Stockholm, 10 January 2011
Rottneros makes new banking agreement
Rottneros has concluded a new agreement for operations financing with Danske Bank. Under the agreement Danske Bank will take over the operations financing arrangement previously placed with a bank consortium comprising five banks, where Danske Bank was one of the participating banks.
The agreement, which enters into force on 31 January 2011, does not contain any covenants.
For further information please contact: Tomas Hedström, Chief Financial Officer, tel +46 8 590 010 00
Rottneros discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The Information was submitted for publication on Monday, 10 January 2011 at 13.15 CET.
Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on NASDAQ OMX Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes the wood procurement company Rottneros Baltic SIA in Latvia and the sales company Rottneros S.A. in Belgium. The Rottneros Packaging AB division produces food packaging made from paper pulp. The Group has around 350 employees and had a turnover of approximately SEK 1.5 billion in the 2009 financial year.