Outokumpu extends €574 million of syndicated revolver until May 2022

By Susanna Moon

Chicago, March 4 – Outokumpu Oyj said it extended the maturity of €574 million of its €650 million syndicated revolving credit facility by one year until May 2022.

“The extension of the maturity is an important part of our efforts to further strengthen our debt structure and liquidity profile,” Pia Aaltonen-Forsell, chief financial officer of Outokumpu, said in the press release.

Outokumpu is an Espoo, Finland-based stainless steel company.

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