Debt and liquidity

Metsä Board's main debt securities 

31 December 2023

Debt type Total, EUR million Outstanding, EUR million Average interest rate, % Maturity
Bond, issued 2017 250 250 2.8 2027
Syndicated credit facility 20191) 350 100 4.8 2025–2027
Other loans from financial institutions 100 76 1.0 2030
Finance leases 13 13 3.0 2024–2030

1) Including EUR 200 million RCF maturing 2027

Metsä Board's main liquidity reserves

31 December 2023

Liquidity reserves Total, EUR million Outstanding, EUR
million
Average interest rate, % Maturity
Revolving credit facility 20192) 200 0 - 2027
Metsä Group internal short term limit 150 0 - 0-12 months
Domestic CP programme 200 0 - 0-12 months
Pension loan facilities 230 0 - long-term
2) 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.