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MND / MNP - Mondi Swiecie S.A. Completes Refinancing

Release Date: 02/11/2009 09:00
Code(s): MND MNP
Wrap Text

MND / MNP - Mondi Swiecie S.A. Completes Refinancing Mondi Limited (Incorporated in the Republic of South Africa) (Registration number: 1967/013038/06) JSE share code: MND & ISIN: ZAE000097051 Mondi plc (Incorporated in England and Wales) (Registration 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 JSE listings requirements and/or the Disclosure and Transparency and Listing Rules of the United Kingdom Listing Authority. 2 November 2009 Mondi Group wishes to draw attention to subsidiary Mondi Swiecie S.A.`s announcement about the completion of the refinancing of its business. Mondi Swiecie S.A. Completes Refinancing Mondi Swiecie S.A., the Mondi Group`s 66% owned subsidiary in Poland, has completed a refinancing of its business. This includes renegotiation of the terms of a nine year Syndicated EIB Guarantee Facility for PLN 521,782,800 and the consolidation of its other financing sources through a Syndicated Revolving Credit Facility Agreement for PLN 225,000,000 and a Mondi Group inter company loan facility of PLN 200,000,000. Both the Syndicated EIB Guarantee Facility and the Syndicated Revolving Credit Facility have been guaranteed by Mondi Group. Contact details: Mondi Group Tel: +27(0)11 994 5415 Andrew King Lora Rossler Tel: +27 31 451 2111 or lora.rossler@mondigroup.co.za
About Mondi Group Mondi is an international paper and packaging group and in 2008 had revenues of Euro6.3 billion. Its key operations and interests are in Western Europe, emerging Europe, Russia and South Africa. The Group is principally involved in the manufacture of packaging paper and converted packaging products; uncoated fine paper; and speciality products and processes, including coatings and consumer flexibles. Mondi is fully integrated across the paper and packaging process, the growing of wood and manufacture of pulp (including recycled materials) and paper to the converting of packaging papers into corrugated packaging and industrial bags. Mondi has production operations across 35 countries and had an average of 33,400 employees in 2008. www.mondigroup.com Date: 02/11/2009 09:00:05 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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