Neste Oil Completes Private Placement Of $369.9 Million

Published: Jun 28 2010
Deal Summary

Neste Oil Corporation, a refining and marketing company, completed the private placement of 4.875% bonds, due on 2015, for gross proceeds of EUR300 million ($369.96 million). The bonds were listed on the Helsinki Stock Exchange and were allocated to more than 130 investors.

The company intends to use the proceeds from the offering for general corporate purposes. BNP Paribas AS, Deutsche Bank AG and Nordea Markets acted as joint bookrunners for the offering.

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