09 March 2022
Purmo Group Plc, Stock exchange release, 9 March 2022 at 17:30 EET
Purmo Group has today signed an agreement for a EUR 100 million Finnish commercial paper program. Within the facility of the commercial paper program, the company may issue commercial papers with a maturity of less than one year.
The financing arrangement diversifies Purmo Group’ s financing base and supports the Group’s short-term financing needs and working capital management.
The banks arranging the commercial paper program were OP Corporate Bank plc, Nordea Bank Abp, Danske Bank A/S and Skandinaviska Enskilda Banken AB (publ).
PURMO GROUP PLC
Tanja Träff, Group Treasurer, tel. +358 (0)40 750 1184
Josefina Tallqvist, Investor Relations, tel. +358 (0)40 745 5276
Purmo Group Plc is a leader in sustainable indoor climate comfort solutions in Europe. We provide complete heating and cooling solutions to residential and non-residential buildings, including radiators, towel warmers, underfloor heating, convectors, valves and controls. Our mission is to be the global leader in sustainable indoor climate comfort solutions. Our approximately 3,500 employees operate through 46 locations in 21 countries, manufacturing and distributing top quality products and solutions to customers in more than 100 countries globally. Purmo Group Plc’s shares are listed on Nasdaq Helsinki (symbol: PURMO). www.purmogroup.com