Valmet has successfully completed its first Schuldschein loan transaction, amounting to EUR 375 million.
This landmark issuance strengthens Valmet’s long-term debt structure and represents an important step in diversifying its funding sources and broadening its debt investor base. The loan consists of 11 tranches with both fixed and floating interest rate structures and offers a diversified maturity profile of three, five, seven and ten years, with an average maturity of nearly six years.
“The issue was substantially oversubscribed. Strong demand from investors enabled Valmet to upsize the final amount, more than doubling the initial marketed volume. The interest in the issuance underscores investors’ confidence in Valmet’s strategy and solid financial position.
We chose the Schuldschein format to diversify funding sources, extend the debt maturity profile, and broaden the debt investor base. We are very pleased with the outcome and the strong support from the market,” says Reetta Antila, Vice President, Group Treasury and Risk Management, Valmet.