uncategorized · 9/7/2009

Neste Oil Corporation Issues EUR 300 million Domestic Bond

Neste Oil Corporation has issued an EUR 300 million seven-year Domestic Bond with an annual coupon of 6.00%.
The bond issue was oversubscribed with a total order book in excess of EUR 950 million and more than 90 investors.
The proceeds of the offering will be used for general corporate and refinancing purposes.
Danske Bank, Nordea Markets and Pohjola Bank acted as joint bookrunners for the transaction.
Neste Oil Corporation
Hanna Maula
Director, Corporate Communications
For further information:
Mika Rydman, Vice President and Group Treasurer, tel. +358 10 458 4710
Olli Kivi, Manager, Funding, Group Treasury, tel. +358 10 458 4683
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company is the world's leading supplier of renewable diesel. Neste Oil's refineries are located in Porvoo and Naantali and have a combined crude oil refining capacity of approx. 260,000 barrels a day. The company had net sales of EUR 15 billion in 2008 and employs around 5,300 people. Neste Oil's share is listed on the NASDAQ OMX Helsinki.
Neste Oil has been selected into the Dow Jones Sustainability World Index and awarded 'Best in Class' recognition for its social accountability by Storebrand. The company is also featured in the Ethibel Pioneer Investment Register and included in Innovest's Global 100 list of the world's most sustainable corporations. Further information: