13.5.2005: Meldung: Stora Enso successfully completes SEK benchmark bond offer

The 3-year SEK 2.0 billion benchmark bond of Stora Enso Oyj, rated Baa1 (negative)/BBB+ (stable), is now priced and launched in the Company"s Swedish MTN programme. Due 19 May 2008, the deal pays a three month floating coupon +0.28% and has an issue/reoffer price of 100.00.

The bond was issued to improve the Company"s debt portfolio and take advantage of favourable market conditions.

Joint Lead Managers & Bookrunners for this transaction were Handelsbanken Capital Markets, Nordea Markets and SEB Merchant Banking.

For further information, please contact:
Peter Nordquist, Vice President, Funding, tel. +44 20 7016 3266
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