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Stora Enso issued two Swedish Kronor bonds

June 14 2012  Stora Enso has issued two five-year bonds with total nominal value  1,700 million Kronor under its EMTN (Euro Medium Term Note) program.

Both bonds are due on 26 June 2017. The bonds have no financial or change of control covenants. The arrangers and bookrunners for the transaction were SEB and Nordea."With these new bonds Stora Enso continues proactive actions to maintain its liquidity at a strong level. Our funding sources are well diversified, and the maturity profile is well balanced," said Jyrki Tammivuori, Senior Vice President, Group Treasurer.”We last issued Swedish Kronor bonds in 2010, and we have now decided to benefit from the current strong demand from Swedish investors," Tammivuori added.

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