Konecranes Oyj: Konecranes signs Schuldschein loan agreement in the amount of EUR 150 million

KONECRANES PLC STOCK EXCHANGE RELEASE NOVEMBER 17, 2017  14.25 EET
Konecranes has signed a Schuldschein loan agreement in the amount of EUR 150
million. The loan has floating and fixed rate tranches with maturities of four
and seven years. The Schuldschein loan is targeted to institutional investors
and the use of proceeds is refinancing and general corporate purposes. 

"The Schuldschein loan continues to strengthen our presence in the
international debt capital markets and provides an important source of investor
diversification", says Konecranes' Group Treasurer Tomi Hintikka. 

The arrangers are Commerzbank, Deutsche Bank and Landesbank Hessen-Thüringen.

KONECRANES PLC

Miikka Kinnunen
Vice President, Investor Relations

FURTHER INFORMATION

Mr. Tomi Hintikka, Vice President, Group Treasurer
[e-mail] or tel. [phone]

Mr. Miikka Kinnunen, Vice President, Investor Relations
[e-mail] or tel. [phone]

Konecranes is a world-leading group of Lifting Businesses, serving a broad
range of customers, including manufacturing and process industries, shipyards,
ports and terminals. Konecranes provides productivity enhancing lifting
solutions as well as services for lifting equipment of all makes. In 2016,
Group (comparable combined company) sales totaled EUR 3,278 million. The Group
has 16,600 employees at 600 locations in 50 countries. Konecranes shares are
listed on the Nasdaq Helsinki (symbol: KCR). 

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www.konecranes.com