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Press release

UPM-Kymmene Oyj: UPM has signed EUR 1 250 million revolving credit facility agreement

UPM-Kymmene

(UPM, Helsinki, December 16, 2025 at 15:00 EET) - UPM has signed a new EUR 1 250 million syndicated multi-currency revolving credit facility agreement. The committed facility has a maturity of five years with two one-year extension options subject to lenders` approval.

The new facility refinances the existing EUR 750 million revolving credit facility dated March 2020 and EUR 1 000 million revolving credit facility dated December 2023 and can be used for general corporate purposes.

15 banks participated in the successful syndication of the facility, reflecting confidence in UPM's credit quality and long-term outlook.

Crédit Agricole Corporate and Investment Bank, Danske Bank and Nordea Bank acted as coordinating bookrunners and mandated lead arrangers, while BBVA, Bank of China, BNP Paribas, Citibank, Commerzbank, DBS Bank, DNB Bank, J.P. Morgan, OP Corporate Bank, SEB, Swedbank and UniCredit acted as bookrunners and mandated lead arrangers.

For further information please contact:
Kenneth Råman, SVP, Treasury and Risk Management, UPM, kenneth.raman@upm.com, tel. +358 40 047 7287
Marjut Artimo, Director, Funding, UPM, marjut.artimo@upm.com, tel +358 40 701 5548

UPM, Media relations
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
media@upm.com

UPM
UPM is a material solutions company, renewing products and entire value chains with an extensive portfolio of renewable fibres, advanced materials, decarbonization solutions, and communication papers. Our performance in sustainability has been recognized by third parties, including EcoVadis and the Dow Jones Sustainability Indices. We operate globally and employ approximately 15,800 people worldwide, with annual sales of approximately €10.3 billion. Our shares are listed on Nasdaq Helsinki Ltd.
UPM - we renew the everyday
Read more: upm.com

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