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Nordic Paper Holding AB ( (SE:NPAPER) ) has issued an update.
Nordic Paper is exploring the possibility of securing long-term financing through a EUR 275 million term loan and a revolving credit facility of at least EUR 65 million. This potential financing could enable the company to consider an extra dividend, contingent on the distributable reserves, which were SEK 814 million as of December 2024. This move could impact the company’s financial strategy and shareholder returns.
More about Nordic Paper Holding AB
Nordic Paper is a leading specialty paper producer based in Scandinavia, known for manufacturing high-quality kraft papers and natural greaseproof papers since the 19th century. The company utilizes renewable raw materials from local forests and operates five paper mills, four in Scandinavia and one in Canada, serving customers in 85 countries. In 2024, Nordic Paper reported net sales of SEK 4,668 million and employed about 700 people. It is listed on Nasdaq Stockholm.
Average Trading Volume: 23,444
Current Market Cap: SEK3.37B
For an in-depth examination of NPAPER stock, go to TipRanks’ Stock Analysis page.