Svenska Cellulosa AB — Capital/Financing Update 2015

Feb 26, 2015

Stockholm, February 26, 2015

SCA raises EUR 600m in the bond market

SCA has today, under its Euro Medium Term Note (EMTN) program, raised EUR 600m, of which EUR 300m has a tenor of five years and EUR 300m has a tenor of ten years. The Re-offer yield for the five-year bond is 0.54% per year, corresponding to Euro Mid-swaps +0.28 percentage points. The Reoffer yield for the ten-year bond is 1.15% per year, corresponding to Euro Mid-swaps +0.5 percentage points.

The bond issues were oversubscribed and the bonds were subsequently placed with 107 international investors.

The bonds will be listed on the Luxembourg Stock Exchange. The purpose of the transactions is to refinance maturing loans.

BNP Paribas, Citibank, Commerzbank and Danske Bank acted as joint bookrunners for the transactions.

For further information, please contact: Johan Karlsson, Vice President Investor Relations, +46 8 788 51 30 Karl Stoltz, Media Relations Manager, +46 8 788 51 55

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe's largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.