Debt information

Key figures

(updated April 27, 2021)

2020 2019 2018 2017 2016
Net debt, EUR million 759 811 741 694 634
Gearing, % 63 66 62 59 54
Equity ratio, % 43 43 44 44 45
Net debt to operative EBITDA 1.7 2.0 2.3 2.2 2.1

Gross debt EUR 980 million end of March 2021 (Net debt EUR 777 million)

Gross debt maturity profile EUR 980 million end of March 2021

Kemira has issued four bonds:

Amount Issued Maturing Interest* Listing prospectus
EUR 200 million** May 20, 2014 May 27, 2019 2.500% ​Prospectus
EUR 150 million May 6, 2015 May 6, 2022 2.250% Prospectus 
EUR 200 million May 18, 2017 May 30, 2024 1.750% Prospectus
EUR 200 million March 30, 2021 March 30, 2028 1.000% Prospectus

* with a fixed annual interest
** In May 2017 Kemira tendered EUR 100 million of the bond

Releases

March 31, 2021:
Listing prospectus for Kemira Oyj’s EUR 200 million bond available

March 22, 2021:
Kemira Oyj announces final tender offer results

Kemira Oyj issues a EUR 200 million bond

Kemira Oyj announces indicative tender offer results

March 15, 2021
Kemira Oyj considers issuance of new notes and announces voluntary tender offer for its outstanding notes maturing in May 2022

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

Kemira Oyj issues a EUR 200 million bond

May 10, 2017
Kemira Oyj considers issuance of new notes and announces voluntary tender offer of its outstanding notes maturing in May 2019

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