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Mondi Limited - Mondi launches 500 million Eurobond

Release Date: 21/09/2012 08:54
Code(s): MND MNP     PDF:  
Wrap Text
Mondi launches €500 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)
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 (“JSE”) and the London Stock Exchange of matters required
to be disclosed under the JSE Listings Requirements and/or the Disclosure Rules and
Transparency Rules and/or the Listing Rules of the United Kingdom Listing Authority.




Mondi launches €500 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

Friday 21 September 2012


Mondi is pleased to announce the successful launch of a €500 million, 8-year Eurobond.
Proceeds of the issue will be used for general corporate purposes.


The Eurobond matures in September 2020, has a coupon of 3.375%, and an application will be
made for it to be listed on the London Stock Exchange. The joint book-runners for the issue
were Barclays, Deutsche Bank, The Royal Bank of Scotland and UniCredit.


The Eurobond will be issued under Mondi 's European Medium Term Note (EMTN) programme,
which is rated Baa3 by Moody's and BBB- by Standard and Poor's, reflecting Mondi’s leading
market positions, the well invested, low cost assets base, customer focused development and
consistent focus on operating efficiency.
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
diversifying our sources of funding and extending our debt maturity profile.”

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




About Mondi:
Mondi is an international packaging and paper Group, with production operations across 28
countries and revenues of EUR5.7 billion in 2011. The Group's key operations are located in
central Europe, Russia and South Africa and as at the end of 2011, Mondi employed 23,400
people.

Mondi is fully integrated across the paper and packaging process, from the growing of wood and
the manufacture of pulp and paper (including recycled paper), to the conversion of packaging
papers into corrugated packaging, industrial bags and coatings. The Group is principally
involved in the manufacture of packaging paper, converted packaging products and uncoated
fine paper (UFP).

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. The Group has been recognised for its sustainability
through its inclusion in the FTSE4Good UK, Europe and Global indices since 2008 and the
JSE's Socially Responsible Investment (SRI) Index since 2007.




Sponsor in South Africa: UBS South Africa (Pty) Ltd

Date: 21/09/2012 08:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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