Roschier represents Metsä Board Corporation in its approx. EUR 100 million share offering. Metsä Board is offering its shareholders a maximum of 27,347,134 new Series B shares in proportion to their holding of existing Series A and/or Series B shares in the company at a subscription price of EUR 3.66 per each new share. Subscription period begins on 5 March 2015 and ends on 23 March 2015. Trading in subscription rights begins on 5 March 5 2015 and ends on 17 March 2015.
Gross proceeds of approximately EUR 100 million received from the offering will be used to finance the final steps of the company’s transformation to a paperboard company.
Matter Type
Banking & Finance - Capital Markets: Equity
Industry
Manufacturing
News Category
Banking & Finance