Debt and liquidity

Metsä Board's main debt securities 

31 Marchr 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 3.0 2025–2027
Other loans from financial institutions 100 88 1.0 2028–2030
Finance leases 14 14 n/a 2022–2028

 

Metsä Board's main liquidity reserves

31 March 2023

Liquidity reserves Total, EUR million Outstanding, EUR
million
Average interest rate, % Maturity
Revolving credit facility 20191) 200 0 - 2027
Metsä Group internal short term limit 150 0 - 0-12 months
Domestic CP programme 150 0 - 0-12 months
Pension loan facilities 228 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.