ESPOO, FINLAND -- (Marketwire) -- 09/07/09 --
Neste Oil Corporation has issued an EUR 300 million seven-yearDomestic Bond with an annual coupon of 6.00%.
The bond issue was oversubscribed with a total order book inexcessof EUR 950 million and more than 90 investors.
The proceeds of the offering will be used for general corporateandrefinancing purposes.
Danske Bank, Nordea Markets and Pohjola Bank acted as jointbookrunners for the transaction.
Neste Oil Corporation
Hanna MaulaDirector, Corporate Communications
For further information:
Mika Rydman, Vice President and Group Treasurer, tel. +358 10 4584710
Olli Kivi, Manager, Funding, Group Treasury, tel. +358 10 458 4683
Neste Oil in brief
Neste Oil Corporation is a refining and marketing companyconcentrating on low-emission, high-quality traffic fuels. Thecompany is the world's leading supplier of renewable diesel. NesteOil's refineries are located in Porvoo and Naantali and have acombined crude oil refining capacity of approx. 260,000 barrels aday. The company had net sales of EUR 15 billion in 2008 andemploysaround 5,300 people. Neste Oil's share is listed on the NASDAQ OMXHelsinki.
Neste Oil has been selected into the Dow Jones SustainabilityWorldIndex and awarded 'Best in Class' recognition for its socialaccountability by Storebrand. The company is also featured in theEthibel Pioneer Investment Register and included in Innovest'sGlobal100 list of the world's most sustainable corporations. Furtherinformation: www.nesteoil.com.
This announcement was originally distributed by Hugin. The issuerissolely responsible for the content of this announcement.
Copyright © Hugin AS 2009. All rights reserved.
For further information:
Mika Rydman
Vice President and Group Treasurer
tel. +358 10 458 4710
Olli Kivi
Manager, Funding, Group Treasury
tel. +358 10 458 4683