Ramirent Plc increases its Domestic Commercial Paper Programme to 250 million euros

Vantaa, Finland, 2016-04-01 12:00 CEST (GLOBE NEWSWIRE) —

Ramirent Plc increases its domestic commercial paper programme to 250 million euros. Previously the size of the programme was 150 million euros.

Within the framework of the programme, the company can issue commercial papers having maturity of less than one year to finance Ramirent’s working capital and other short-term funding needs.

The following banks act as brokers in the programme: Danske Bank Plc, Nordea Bank Finland Plc, Skandinaviska Enskilda Banken AB (publ) Helsinki Branch and Swedbank.

Vantaa, 1 April, 2016

RAMIRENT PLC

Pierre Brorsson
CFO

Further information:
Petteri Järvinen, Group Treasurer, tel. +358 400 186 785

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Ramirent is a leading equipment rental group combining the best equipment, services and know-how into rental solutions that simplify customer’s business. Ramirent serves a broad range of customer sectors including construction, industry, services, the public sector and households. Ramirent has operations in the Nordic countries and in Central and Eastern Europe. In 2015, Ramirent Group sales totalled EUR 636 million. The Group has 2,654 employees in 288 customer centres in 10 countries. Ramirent is listed on the NASDAQ Helsinki (RMR1V). Ramirent – More than machines^®.