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Outokumpu Replaces Its Unsecured Revolving Credit Facility
11/11/2025 - Outokumpu announced it has signed an unsecured EUR800 million revolving credit facility to replace its existing and unused revolving credit facility of EUR700 million.
The company said the proceeds can be used for general corporate purposes. The new facility will mature in February 2030 and includes two 12-month extension options. The new facility’s margin is linked to emission reductions in line with the reduction target by the Science Based Targets initiative for 2030.
“To ensure sufficient liquidity for the coming years, we are replacing our existing revolving credit facility, with a new unsecured revolving credit facility,” said Marc-Simon Schaar, chief financial officer at Outokumpu.
The company said BNP Paribas SA, Bankfilial Sverige, Crédit Agricole Corporate and Investment Bank, Helsinki Branch, Danske Bank A/S, Finland Branch, Nordea Bank Abp, OP Corporate Bank Plc, Skandinaviska Enskilda Banken AB (Publ), Swedbank AB (Publ) and UniCredit Bank Austria AG acted as mandated lead arrangers and bookrunners. Danske Bank A/S and Nordea Bank Abp acted as joint coordinators of the transaction.
“We are the sustainability leader in our industry, and to demonstrate commitment to our sustainability targets, we have agreed with the lending banks that the interest margin of the new facility is linked to the reduction of CO₂ emissions,” said Schaar.
“To ensure sufficient liquidity for the coming years, we are replacing our existing revolving credit facility, with a new unsecured revolving credit facility,” said Marc-Simon Schaar, chief financial officer at Outokumpu.
The company said BNP Paribas SA, Bankfilial Sverige, Crédit Agricole Corporate and Investment Bank, Helsinki Branch, Danske Bank A/S, Finland Branch, Nordea Bank Abp, OP Corporate Bank Plc, Skandinaviska Enskilda Banken AB (Publ), Swedbank AB (Publ) and UniCredit Bank Austria AG acted as mandated lead arrangers and bookrunners. Danske Bank A/S and Nordea Bank Abp acted as joint coordinators of the transaction.
“We are the sustainability leader in our industry, and to demonstrate commitment to our sustainability targets, we have agreed with the lending banks that the interest margin of the new facility is linked to the reduction of CO₂ emissions,” said Schaar.
