Bond 2022

Cramo Plc has issued an EUR 150 million unsecured bond. The bond matures on 28 February 2022 and carries a fixed annual interest rate of 2.375 per cent.

On 6 February 2020 Cramo Plc notified holders of its notes due 2022 of a Change of Control

Cramo Plc (“Cramo“) announced on 11 November 2019 that it has entered into a combination agreement with Boels Topholding B.V. (“Boels“) pursuant to which Boels commenced a recommended public cash tender offer for all of the issued and outstanding shares in Cramo (the “Tender Offer“) on 25 November 2019. Boels and Cramo announced on 5 February 2020 the final results of the Tender Offer as well as Boels’s intention to complete the Tender Offer.

Reference is made to Cramo’s EUR 150 million 2.375 per cent fixed-rate notes due 28 February 2022 (ISIN: FI4000232509). The completion of the Tender Offer today on 6 February 2020 constitutes a Change of Control pursuant to Condition 10 of the terms and conditions of the notes.

Cramo shall on 9 April 2020 prepay the principal amount of and the interest then accrued on the notes, but without any premium or penalty, held by the noteholders of the notes who have by written notice required prepayment of the notes held by them. The written notice should be primarily submitted by email to Nordea Bank Abp at no later than on 19 March 2020 as instructed in Appendix 1 to this release. Alternatively, notice can be sent by mail to Cramo Plc (attn.: Aku Rumpunen), Kalliosolantie 2, FI-01740 Vantaa, Finland.

Interest on the notes prepayment of which has been required accrues until 9 April 2020 (excluding said date).

If notes representing more than seventy-five (75) per cent of the aggregate principal amount of the notes have been prepaid on 9 April 2020 pursuant to Condition 10 of the terms and conditions of the notes, Cramo is entitled to prepay also the remaining outstanding notes at their principal amount with accrued interest but without any premium or penalty.

Listing prospectus 1.12.2016.




Financial Statements Bulletin 2019

Financial Statements Bulletin 2019 was published on 11 February 2020.


  • 8 Jul 2020 - 28 Jul 2020Silent period
  • 29 Jul 2020Half Year Financial Report January-June 2020

Welcome to Cramo Investor pages

Cramo is a service company specialising in equipment rental services. Our equipment rental services comprise machinery and equipment rental as well as rental-related services.

As one of the industry’s leading service providers in Europe, Cramo operates in Finland, Sweden, Norway, Estonia, Lithuania, Poland, Germany, Austria, Hungary, the Czech Republic and Slovakia. In Russia and Ukraine we operate under the brand of the 50 percent owned joint venture Fortrent.

Cramo provides modern rental solutions through the Cramo Concept. Under the Cramo Concept, construction companies and customers in trade, industry and the public sector, as well as private customers, are provided with machinery and equipment through different rental solutions and services.

By combining the product portfolio with its extensive offering of services, Cramo reduces the capital invested by its customers and can create total rental solutions for every need for both the short and long term.

Through a network of about 300 depots, with a total number of rental items over 230,000, Cramo’s 2,600 employees serve over 150,000 customers in eleven countries.

Cramo is a Nordic Mid Cap Company in the Industrials sector on Nasdaq Helsinki Ltd.