NESTE 23/31 MTNNESTE 23/31 MTNNESTE 23/31 MTN

NESTE 23/31 MTN

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Key terms


Outstanding amount
‪600.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
3.88% (Fixed)
Coupon frequency
Annual
Yield to maturity
3.58%
Maturity date
May 21, 2031
Term to maturity
6 years

About NESTE 23/31 MTN


Sector
Energy Minerals
Industry
Oil Refining/Marketing
Home page
Issue date
Nov 21, 2023
ISIN
XS2718201515
Neste Corp. engages in the production of petroleum products and supply of renewable diesel. It operates through the following segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, renewable jet fuels and solutions, renewable solvents as well as raw material for bioplastics. The Oil Products segment includes diesel fuel, gasoline, aviation and marine fuels, light and heavy fuel oils, base oils, gasoline components, engine gasoline, solvents, liquid gases, and bitumens. The Marketing & Services segment sells petroleum products and associated services directly to end-users such as private motorists, industry, transport companies, farmers, and heating oil customers. The Others segment consists of engineering and technology solutions company Neste Jacobs, joint venture firm Nynas, and common corporate costs. The company was founded on January 9, 1948 and is headquartered in Espoo, Finland.
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