Commentary & Deal Flow

Huhtamaki Oyj (HUHTAM) leading global provider of sustainable packaging solutions for consumers around the world, rated BB+ (stable) by S&P, has mandated BNP Paribas, Nordea and SEB as Joint Active Bookrunners to arrange a series of fixed income investor calls commencing Tuesday 14 November 2023. A NetRoadshow presentation with voiceover and the Preliminary Prospectus have been made available. BNP Paribas is coordinating roadshow logistics.

A 5-year, EUR300m expected, senior unsecured, RegS Bond will follow, subject to market conditions. The bonds are expected to be rated BB+ by S&P and will be offered under a Standalone Prospectus governed under Finnish law and listed on the Helsinki Stock Exchange. The company has concurrently announced a Tender Offer for its outstanding EUR 150m 1.625% notes due October 2024 (ISIN: FI4000282801). Proceeds from the new issue will be used for financing the Tender Offer, refinancing and general corporate purposes. HQ: Epsoo, Finland.