Stora Enso launches offering of hybrid bond

Stora Enso is considering the issuance of EUR benchmark size dual tranche rated hybrid bond. The potential bond issue will take place in the near future, subject to market conditions.

The purpose of the planned issuance is to further strengthen Stora Enso’s balance sheet and optimise its capital structure, supporting the company’s commitment to maintaining its investment-grade rating.

Stora Enso intends to use the net proceeds for general corporate purposes, including refinancing of existing debt and upcoming maturities.

Stora Enso is a global leader in renewable materials with a strong focus on packaging. Our purpose is to replace non-renewable materials with renewable solutions. Together with our customers, we design and deliver competitive, high-quality packaging materials and solutions, made from fresh and recycled fibers, accelerating the transition to a circular bioeconomy.