Debt information
Key figures
| | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|
| Net debt, EUR million | 741 | 694 | 634 | 642 | 486 |
| Gearing, % | 62 | 59 | 54 | 54 | 42 |
| Equity ratio, % | 44 | 44 | 45 | 46 | 51 |
| Net debt to operative EBITDA | 2.3 | 2.2 | 2.1 | 2.2 | 1.9 |
Gross debt EUR 974* million end of September 2019 (Net debt EUR 866* million)
*includes lease liabilities of EUR 136 million due to IFRS 16 standard
Kemira has issued three bonds:
| Amount | Issued | Maturing | Interest* | Listing prospectus |
|---|---|---|---|---|
| EUR 200 million** | May 20, 2014 | May 27, 2019 | 2.500% | Prospecuts (.pdf) |
| EUR 150 million | May 6, 2015 | May 6, 2022 | 2.250% | Prospectus (.pdf) |
| EUR 200 million | May 18, 2017 | May 30, 2024 | 1.750% | Prospectus (.pdf) |
* with a fixed annual interest
** In May 2017 Kemira tendered EUR 100 million of the bond
Credit investor presentations
Credit investor presentation 2017 (.pdf)
Credit investor presentation 2015 (.pdf)
Credit investor presentation 2014 (.pdf)
Releases
April 17, 2019
Kemira signs revolving credit facility linked to sustainability targets
February 19, 2018
Kemira Oyj and the Nordic Investment Bank (NIB) have signed EUR 90 million loan agreement
May 31, 2017
Listing prospectus for Kemira Oyj’s EUR 200 million bond available
May 18, 2017
Kemira Oyj announces final tender offer results
May 18, 2017
Kemira Oyj issues a EUR 200 million bond
May 13, 2015
Listing prospectus for Kemira Oyj’s EUR 150 million bond available
May 6, 2015
Kemira Oyj issues a EUR 150 million bond
May 27, 2014
Listing prospectus for Kemira Oyj’s EUR 200 million bond available
May 20, 2014
Kemira Oyj issues a EUR 200 million bond
December 11, 2013
Kemira and European Investment Bank (EIB) signed EUR 45 million research and development loan agreement on December 11, 2013
August 29, 2013
Kemira Oyj signed EUR 400 million revolving credit facility on August 29, 2013
Gross debt maturity profile EUR 974* million end of September 2019
