Metso to Buy Back Up to EUR150 Million Notes, to Issue New Securities

05:09 AM EST, 11/10/2026 (MT Newswires) -- Metso (METSO.HE) initiated voluntary tender offers for up to 150 million euros of its 2027 and 2028 notes to help manage its outstanding liabilities and extend its average debt maturities, according to a Tuesday release. The tender offer includes the outstanding 170 million euros of Metso's 300 million-euro 4.875% notes due December 7, 2027, and all its outstanding 300 million euros of 0.875% notes due May 26, 2028. The offer period starts Tuesday and is expected to close on Nov. 17, 2026. Additionally, the Finnish sustainable technology company plans to issue new euro-denominated fixed-rate notes under its 2 billion-euro medium-term note program. BNP Paribas and Skandinaviska Enskilda Banken were tapped as dealer managers for the transactions, with Kroll Issuer Services as tender agent. BNP Paribas, HSBC Bank, OP Corporate Bank, and Skandinaviska Enskilda Banken will serve as joint bookrunners for the notes issue.