Borenius advised Nokian Tyres on the issue of sustainability-linked notes in a nominal amount of EUR 100 million
References/8 Jun 2023
Borenius advised Nokian Tyres on the issue of sustainability-linked notes in a nominal amount of EUR 100 million
We advised Nokian Tyres plc on the issue of euro-denominated senior unsecured sustainability-linked notes in a nominal amount of EUR 100 million. The notes will bear a fixed annual interest at the rate of 5.125 per cent and mature in June 2028. The net proceeds from the issue will be used towards general corporate purposes.
The sustainability-linked notes represent the company’s first issue under its newly established sustainability-linked bond framework. The chosen targets for the sustainability-linked notes are related to Scope 1, 2 and 3 reductions.
Service areas
Team
![](https://res.cloudinary.com/dh7qrlbrr/image/fetch/f_auto,q_auto/https://cms.borenius.com/app/uploads/2022/02/Nuottimaki_Niina_23308.jpg)
![](https://res.cloudinary.com/dh7qrlbrr/image/fetch/f_auto,q_auto/https://cms.borenius.com/app/uploads/2022/02/aksu-tuominen-400x400-1.jpg)
![](https://res.cloudinary.com/dh7qrlbrr/image/fetch/f_auto,q_auto/https://cms.borenius.com/app/uploads/2022/02/Virtanen_Teo_400x400.jpg)
![](https://res.cloudinary.com/dh7qrlbrr/image/fetch/f_auto,q_auto/https://cms.borenius.com/app/uploads/2022/12/Terasvuori_Lauri_400x400.jpg)