Aspo to increase its domestic commercial paper program
2013-09-20T11:00:16 CETASPO 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.