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Ahlstrom redeems £34.5mn hybrid bond

24 Oct '13
1 min read

Ahlstrom will redeem the remaining EUR 34.5 million of the original EUR 80 million hybrid bond (ISIN: FI4000006929) issued in November 2009. The company will redeem all of the outstanding capital securities at the principal amount together with accrued interest.

The redemption will be made on November 25, 2013 in accordance with the terms and conditions of the hybrid bond.

In September 2013, Ahlstrom issued a new EUR 100 million hybrid bond. At the same time, the company repurchased by a public tender offer a notional amount of EUR 45.5 million of the hybrid bonds originally issued in 2009.

After this transaction only the EUR 100 million hybrid bond issued in September 2013 will remain outstanding.

Ahlstrom is a high performance fiber-based materials company, partnering with leading businesses around the world to help them stay ahead.

Our products are used in a large variety of everyday applications, such as filters, medical gowns and drapes, diagnostics, wallcoverings, flooring and food packaging. We have a leading market position in the businesses in which we operate.

Ahlstrom

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