STOCKHOLM, June 30, 2020 /PRNewswire/ -- Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a so-called Medium Term Note program (MTN) with a framework loan amount of SEK 8 billion. Until the date of this press release SCA has issued SEK 2,2 billion within the framework of the MTN program.
In relation to the MTN program, SCA on May 8, 2018 drafted and published a base prospectus, subject to a yearly update. Thus, SCA has updated the base prospectus which today on June 30, 2020 has been approved by and registered with the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). The updated base prospectus will be available at the Swedish Financial Supervisory Authority's (www.fi.se) and SCAs (www.sca.com) respective websites. Hard copies may be obtained at SCAs office in Sundsvall.
The core of SCA's business is the forest, Europe's largest private forest holding. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others' forests. We offer paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions. 2019 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 19.6 bn (EUR 1.9 bn). SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. For more information, visit www.sca.com
For further information, please contact:
Björn Lyngfelt, SVP Communications, +46 60 19 34 98
Toby Lawton, CFO, +46 60 19 31 09
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