Outokumpu Oyj
Outokumpu – Final tender results for the voluntary tender offer

Outokumpu Oyj 

25.09.2014 12:30

Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group
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The issuer is solely responsible for the content of this announcement.

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OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
September 25, 2014 at 1.30 pm EET


Not for release, publication or distribution, directly or indirectly, in or
into the United States, Canada, Japan, Australia, Singapore, Hong Kong, or any
other jurisdiction in which the distribution or release would be unlawful. 

Outokumpu announces today the final results of the tender offer to the holders
of its outstanding EUR 250 million notes maturing on June 24, 2015 (the '2015
Notes'). The offer period expired at 4 p.m. EET on September 23, 2014. The
aggregate principal amount of the 2015 Notes validly offered by the noteholders
for purchase was EUR 154,898,000, representing 61.96 per cent of the aggregate
principal amount of the 2015 Notes. 

As announced on September 19, 2014, the issue of the new EUR 250 million notes
was successfully subscribed for and Outokumpu considers the new financing
condition under the tender offer as being satisfied. 

Outokumpu accepts to buy an aggregate principal amount of EUR 100 million of
the 2015 Notes offered by the noteholders for purchase. The scaling factor
applied in the acceptance was approximately 57.5 per cent for accepted tender
offers in excess of EUR 50,000 in aggregate principal amount for each
noteholder. The purchase price payable by Outokumpu to the relevant noteholders
will be EUR 1,033 per EUR 1,000 nominal amount of the 2015 Notes plus accrued
interest of EUR 13.76 per such 2015 Note to be purchased. The settlement will
occur on September 30, 2014. 

Nordea Bank Finland Plc and Pohjola Bank plc act as dealer managers for the
tender offer and Nordea Bank Finland Plc as tender agent. 

For more information:

Investors: Johanna Henttonen, tel. +358 9 421 3804, mobile +358 40 530 0778

Media: Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group


Outokumpu is a global leader in stainless steel. We create advanced materials
that are efficient, long lasting and recyclable - thus building a world that
lasts forever. Stainless steel, invented a century ago, is an ideal material to
create lasting solutions in demanding applications from cutlery to bridges,
energy and medical equipment: it is 100% recyclable, corrosion-resistant,
maintenance-free, durable and hygienic. Outokumpu employs more than 12 000
professionals in more than 30 countries, with headquarters in Espoo, Finland
and shares listed in the NASDAQ OMX Helsinki. www.outokumpu.com 

Disclaimer

Not for release, publication or distribution, directly or indirectly, in or
into the United States, Canada, Japan, Australia, Singapore, Hong Kong or in
any other jurisdiction where such release, publication or distribution would be
unlawful. Persons who reside outside Finland may receive this release only in
compliance with applicable exemptions and restrictions. 

The information contained in this release shall not be construed as an offer to
purchase or sell, or as a solicitation of an offer to purchase or sell with
respect to any bonds. In particular, this release does not constitute an offer
to purchase or sell, or a solicitation of offers to purchase or sell, any
securities in the United States. Any bonds referred to herein have not been,
and will not be, registered under the U.S. Securities Act of 1933, as amended,
and may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements.
News Source: NASDAQ OMX



25.09.2014 The DGAP Distribution Services include Regulatory Announcements,
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Language:     English
Company:      Outokumpu Oyj
              
               
              Finland
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         FI0009012454
WKN:          
 
End of Announcement                             DGAP News-Service
 
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