Raute Corporation, Stock Exchange Release, 22 June 2026 at 1:00 p.m. EEST
Raute Corporation has repaid its EUR 3.0 million convertible junior loans
Raute Corporation ("Raute" or the "Company") has today, on 22 June 2026, being the first date on which the repayment is permitted under the terms and conditions of the loans, repaid its convertible junior loans amounting to EUR 3.0 million, together with accrued but unpaid interest, in accordance with the terms and conditions of the loans.
The repayment of the junior loans simplifies the Company's financing structure while reducing its cost of funding. The repayment is financed with existing cash reserves and does not have a material impact on the Company's equity ratio or liquidity.
As a result of the repayment, the junior lenders' right to convert the loans to a total of 261,296 Raute shares, and the option rights issued to the junior lenders to exercise that right, have expired.
FURTHER INFORMATION:
Mika Saariaho, President and CEO, tel. +358 40 154 9393
Ville Halttunen, CFO, mobile phone +358 50 346 0868
DISTRIBUTION:
Nasdaq Helsinki Ltd, Main media, www.raute.com
RAUTE IN BRIEF - Making Wood Matter
Raute acts as a partner for a sustainable future for the wood products industry. Our technologies cover various production processes as well as supporting digital and analyzer solutions for industrially manufactured wood products. In addition, we offer comprehensive service concepts from spare parts to regular maintenance and production modernizations. Our innovative technologies, software and service concepts are designed to support the efficient use of natural resources in our customers' production. Raute is the only turnkey supplier in the world that offers mill-wide technology solutions for veneer, plywood and LVL production. Raute's head office and largest production plant is located in Lahti. The company's other production plants are located in Kajaani, Finland, the Vancouver area of Canada, and in Pullman, WA, USA. Raute's net sales in 2025 were EUR 175.5 million. The Group's headcount at the end of 2025 was 698. More about Raute: www.raute.com.