Neste Corporation’s Early Redemption of Notes

Castrén & Snellman advised Neste Corporation on the deal.

Neste Corporation exercised its right to redeem early its outstanding 2.125% unsecured fixed rate notes in full.

The initial nominal principal amount of the notes was EUR 500 million and, on the redemption date, the outstanding nominal principal amount of the notes was EUR 321 million. The redeemed notes were listed on the official list of Nasdaq Helsinki Ltd.

Neste is a Finnish oil company with production operations in four countries and creates solutions for combating climate change and accelerating a shift to a circular economy.

The Castrén & Snellman team included Tero Tuomisto (Picture) and Valter Olkkonen.

Involved fees earner: Valter Olkkonen – Castrén & Snellman; Tero Tuomisto – Castrén & Snellman;

Law Firms: Castrén & Snellman;

Clients: Neste Corporation;

Federica Tiefenthaler

Author: Federica Tiefenthaler