The coupon rate of the bond is 7.875% per annum. The bond has no maturity but the company may exercise an early redemption option after four years. The settlement date of the bond is October 2, 2013.

The hybrid bond was about three times oversubscribed and was allocated to almost 80 investors. Due to high demand from investors, the size of the issue was increased to EUR 100 million from the originally targeted EUR 80 million. 

A hybrid bond is an instrument which is subordinated to the company's other debt obligations and which is treated as equity in the IFRS financial statements.

The hybrid bond does not confer to its holders the rights of a shareholder or the right to vote at shareholders' meetings and does not dilute the holdings of the current shareholders.

About Ahlstrom

Ahlstrom is a high performance fiber-based materials company, partnering with leading businesses around the world to help them stay ahead.

Our products are used in a large variety of everyday applications, such as filters, medical gowns and drapes, diagnostics, wallcoverings, flooring and food packaging. We have a leading market position in the businesses in which we operate.