Debt and liquidity

Metsä Board's main debt securities 

30 June 2022

Debt type Total, EUR million Outstanding, EUR million Average interest rate, % Maturity
Bond, issued 2017 250 250 2.8 2027
Syndicated credit facility 2019 350 100 1.7 2025-2027
Other loans from financial institutions 225 94 1.1 2028-2030
Finance leases 37 19 2.4 2022-2028

 

Metsä Board's main liquidity reserves

30 June 2022

Liquidity reserves Total, EUR million Outstanding, EUR
million
Average interest rate, % Maturity
Revolving credit facility 20191) 200 0 - 2027
EIB facility 2020 125 0 - 2029
Metsä Group internal short term limit 150 0 - 0-12 months
Domestic CP programme 150 0 - 0-12 months
Pension loan facilities 210 0 - long term
1) The margin of the RCF is linked to sustainability criteria that are based on selected Metsä Board’s 2030 sustainability targets: 1) reduction in specific water consumption and 2) reduction in specific energy consumption.