Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000156550
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI
As part of the dual listed company structure, Mondi Limited and Mondi plc
(together "Mondi Group") notify both the JSE Limited and the London Stock
Exchange of matters required to be disclosed under the Listings Requirements of
the JSE Limited and/or the Disclosure and Transparency and Listing Rules of the
United Kingdom Listing Authority.
7 April 2016
Mondi launches EUR500 million Eurobond
NOT FOR DISTRIBUTION TO ANY PERSON OR ADDRESS IN THE UNITED STATES OF AMERICA,
ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT
OF COLUMBIA (THE "UNITED STATES") OR TO THE U.S. PERSONS
Mondi is pleased to announce the successful launch of a EUR500 million, 8-year
Eurobond. Proceeds of the issue, which is due to close on 14 April 2016, will
be used for general corporate purposes.
The Eurobond matures in April 2024, has a coupon of 1.5%, and an application
will be made for it to be listed on the London Stock Exchange. The joint
book-runners for the issue were BNP Paribas, Commerzbank, Deutsche Bank, HSBC
and UniCredit.
The Eurobond will be issued under Mondi's European Medium Term Note (EMTN)
programme, which is rated Baa2 by Moody's and BBB by Standard and Poor's.
Andrew King, Mondi's Chief Financial Officer, said:
"We are delighted with the support for our bond issue from a wide group of
European Institutional investors. The success of this transaction further
strengthens the Group by extending our debt maturity profile and reflects
Mondi's consistent and focussed long term strategy, robust business model and
high-quality, low-cost asset base".
THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES OR TO U.S. PERSONS. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN
OFFER TO SELL OR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITIES IN THE
UNITED STATES OR TO U.S. PERSONS. THE SECURITIES REFERRED TO HAVE NOT BEEN AND
WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE
"SECURITIES ACT") OR THE LAWS OF ANY STATE WITHIN THE UNITED STATES, AND MAY
NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT
OF U.S. PERSONS (AS SUCH TERM IS DEFINED IN REGULATION S UNDER THE SECURITIES
ACT), EXCEPT IN A TRANSACTION NOT SUBJECT TO, OR PURSUANT TO AN APPLICABLE
EXEMPTION FROM, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OR ANY
STATE SECURITIES LAWS. NO OFFERING OF THE SECURITIES IS BEING MADE, AND THERE
WILL BE NO PUBLIC OFFER OF THE SECURITIES IN THE UNITED STATES OR IN ANY OTHER
JURISDICTION.
This communication is directed only at (i) persons who are outside the United
Kingdom, (ii) persons in the United Kingdom who have professional experience in
matters related to investments and who are investment professionals within the
meaning of Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) of the United Kingdom (the "
Financial Promotion Order"); (iii) persons who fall within Articles 49(2)(a) to
(d) ("high net worth companies, unincorporated associations etc.") of the
Financial Promotion Order; and (iv) any other persons to whom this
communication may otherwise lawfully be directed (all such persons together
being referred to as "relevant persons"). This communication must not be acted
on or relied on by other persons in the United Kingdom. Any investment or
investment activity to which this communication relates is available only to
relevant persons and will be engaged in only with relevant persons. This
communication must not be acted on or relied on by persons who are not relevant
persons.
Contact:
Mondi Group
Andrew King
Group CFO
Tel: +27 (0)11 994 5415
E-mail: andrew.king@mondigroup.com
James Paterson
Group Treasurer
Tel: +44 (0)1932 826340
E-mail: james.paterson@mondigroup.com
We are Mondi: In touch every day
At Mondi, our products protect and preserve the things that matter.
Mondi is an international packaging and paper Group, employing around 25,000
people across more than 30 countries. Our key operations are located in central
Europe, Russia, North America and South Africa. We offer over 100 packaging and
paper products, customised into more than 100,000 different solutions for
customers, end consumers and industrial end uses - touching the lives of
millions of people every day. In 2015, Mondi had revenues of EUR6.8 billion and
a return on capital employed of 20.5%.
The Mondi Group is fully integrated across the packaging and paper value chain
- from managing forests and producing pulp, paper and compound plastics, to
developing effective and innovative industrial and consumer packaging
solutions. Our innovative technologies and products can be found in a variety
of applications including hygiene components, stand-up pouches, super-strong
cement bags, clever retail boxes and office paper. Our key customers are in
industries such as automotive; building and construction; chemicals; food and
beverage; home and personal care; medical and pharmaceutical; packaging and
paper converting; pet care; and office and professional printing.
Mondi has a dual listed company structure, with a primary listing on the JSE
Limited for Mondi Limited under the ticker code MND and a premium listing on
the London Stock Exchange for Mondi plc, under the ticker code MNDI.
For us, acting sustainably makes good business sense and is part of the way we
work every day. We have been included in the FTSE4Good Index Series since 2008
and the JSE's Socially Responsible Investment (SRI) Index since 2007.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
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