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MONDI LIMITED - Mondi launches 600 million Eurobond

Release Date: 20/04/2018 17:00
Code(s): MND MNP     PDF:  
Wrap Text
Mondi launches €600 million Eurobond

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)
LEI: 213800LOZA69QFDC9N34
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”, the “Group” or “Mondi”) 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 Guidance and Transparency Rules and the Listing Rules of the United Kingdom
Listing Authority.

20 April 2018

Mondi launches €600 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 €600 million, 8-year Eurobond.
Proceeds of the issue, which is due to close on 27 April 2018, will be used for general corporate
purposes.

The Eurobond matures in April 2026, has a coupon of 1.625%, and an application will be made
for it to be listed on the London Stock Exchange. The joint book-runners for the issue were
Bank of America Merrill Lynch, Barclays, Erste Group, HSBC and Raiffeisen Bank
International.

The Eurobond will be issued under Mondi's Euro Medium Term Note (EMTN) programme,
which is rated Baa1 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, cost-advantaged 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: +44 (0)1932 826355
E-mail: andrew.king@mondigroup.com

James Paterson
Group Treasurer
Tel: +44 (0)1932 826340
E-mail: james.paterson@mondigroup.com


About Mondi

Mondi is a global leader in packaging and paper, employing around 26,000 people in
over 30 countries. We are fully integrated across the packaging and paper value chain
- from managing forests and producing pulp, paper and plastic films, to developing
and manufacturing effective industrial and consumer packaging solutions.
Sustainability is embedded in everything we do, with clearly defined commitments
across 10 action areas. We delight our customers with our innovative and sustainable
packaging and paper solutions. Our major operations are in central Europe, Russia,
North America and South Africa. In 2017, Mondi had revenues of €7.1 billion and a
return on capital employed of 19.7%.
Mondi has a dual listed company structure, with a primary listing on the JSE Limited
for Mondi Limited under the ticker MND and a premium listing on the London Stock
Exchange for Mondi plc, under the ticker MNDI. We are a FTSE 100 constituent, and
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 Proprietary Limited.

Date: 20/04/2018 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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