Forchem – EUR 70 million High-Yield Bond Issuance

We advised Forchem Oy in connection with a EUR 70 million offering of senior secured high-yield bonds to domestic and international investors. Pareto Securities acted as the sole bookrunner.

Forchem Oy is a leading European producer of pine chemical derivatives and one of the four globally dominating producers. Forchem Oy operates a state-of-the-art crude tall oil fractionation facility in Rauma, Finland. The high-yield bond issuance was completed in a record time of approximately one month. The demand for the bonds was strong, and the offering was heavily oversubscribed.