Published: 2016-07-05 16:00:00 CEST

Kotkamills Group Oyj: UTILISATION OF THE EQUITY HYBRID LOAN

Kotkamills Group Oyj

STOCK EXCHANGE RELEASE

5 July 2016, at 5 pm (CET + 1)


In connection with the purchase of shares in Kotkamills Oy and financing board machine conversion, Kotkamills Group Oyj as borrower has entered into a junior term loan facility agreement of EUR 20 million with subordinated lenders at 23 February 2015.

Kotkamills Group Oyj has utilized on 5th of July, 2016 the EUR 20 million junior loan facility to complete the board machine conversion project. The summary of the material terms of the equity hybrid loan is presented in the listing prospectus available in the company website (www.kotkamills.com/fi/kotkamillsgroup/keyfinancials).

Kotkamills Group Oyj
Board of Directors

For additional information, please contact:

CFO Petri Hirvonen, tel.+358 40 571 0834, petri.hirvonen@kotkamills.com

DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media
www.kotkamills.com

Kotkamills Group in brief

Kotkamills is a responsible partner that delivers renewable products and high quality performance to its customers' processes via product innovations created from wood, a renewable raw material. Kotkamills' key brands include Absorbex® and Imprex®, both innovative laminating paper products for the laminate and plywood industries. Moreover, Kotkamills also offers ecological, technically sound and visually attractive wood products for demanding joinery and construction. The start-up of the new board machine producing totally recyclable Consumer Board products is due in 2016. www.kotkamills.com

Disclaimer
The information contained in this release shall not constitute an offer to sell or the solicitation of an offer to buy securities of Kotkamills Group Oyj in any jurisdiction.

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