Konecranes issues EUR 75 million domestic bond

KONECRANES PLC  STOCK EXCHANGE RELEASE  June 20, 2012  at 16:15

Konecranes issues a EUR 75 million senior unsecured domestic bond. The bond has maturity of 2 years and maturity date June 27, 2014.

The bond was executed as a private placement directed to institutional investors. No application for listing of the bond will be made.

The proceeds from the bond offering will be used for general corporate purposes.

Nordea Markets acted as sole bookrunner for the transaction.


KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations


FURTHER INFORMATION
Mr Tomi Hintikka, Group Treasurer, tel. +358 20 427 2042
Mr Miikka Kinnunen, Director, Investor Relations, tel. +358 20 427 2050


Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2011, Group sales totaled EUR 1,896 million. The Group has 11,700 employees at 609 locations in 47 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).



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