Stock exchange release
June 25, 2013 10:00 AM EEST
Metso Corporation announces positive results of consent solicitation from holders of certain notes issued under its EMTN Programme
Metso Corporation's stock exchange release on June 25, 2013 at 10:00 a.m. local
Metso Corporation announces the positive results of its consent solicitation
process pursuant to which it solicited consents and waivers from the holders of
the outstanding notes of certain series of notes issued pursuant to its EMTN
Programme to pass an extraordinary resolution at a separate meeting of
noteholders of each such series to sanction (a) the waiver and authorisation of
any breach or any alleged breach of certain of the terms and conditions of the
notes and (b) waivers in respect of certain statutory rights that such
noteholders may have under Finnish law, in each case, as may be caused by, or
arise in respect of, the proposed demerger of Metso's Pulp, Paper and Power
businesses into an independent company.
Metso Corporation is pleased to confirm that an extraordinary resolution was
duly passed at each meeting of noteholders in respect of each such series of
notes. Accordingly, the waivers and authorizations referred to in the
extraordinary resolutions will take effect on and from today.
The details of the results of the consent solicitation are more fully described
in the attached Luxembourg Stock Exchange "Results Notice".
Metso is a global supplier of technology and services to customers in the
process industries, including mining, construction, pulp and paper, power, and
oil and gas. Our 30,000 professionals based in over 50 countries contribute to
sustainability and deliver profitability to customers worldwide. Metso's shares
are listed on the NASDAQ OMX Helsinki Ltd.
Further information, please contact:
Minna Helppi, SVP, Group Treasurer, Metso Corporation, tel +358 20 484 3195
VP, Investor Relations
NASDAQ OMX Helsinki Ltd
Luxembourg Stock Exchange "Results Notice"