Highlight 31 March 2014

Krogerus advises Cargotec on its EUR 150 million senior unsecured bond offer

Krogerus advised Cargotec Corporation on its issue of a EUR 150 million senior unsecured bond. The six-year bond matures on 31 March 2020 and carries a fixed annual interest of 3.375%.

Cargotec will apply for the listing of the bond on NASDAQ OMX Helsinki. The proceeds from the bond offering will be used for general corporate purposes.

Cargotec is a cargo handling company whose shares trade on NASDAX OMX Helsinki. In 2013, its sales totaled roughly EUR 3.2 billion and it employed about 11,000 persons.

The Krogerus team, led by partner Päivi Toivari, included partner Tom Fagernäs, senior associate Heta Rönkkö and associate Anna Velitski.

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