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MONDI LIMITED - MONDI signs extension of its EUR750 million revolving credit facility

Release Date: 14/07/2014 10:20
Code(s): MND MNP     PDF:  
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MONDI signs extension of its EUR750 million revolving credit facility

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' 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 and
Transparency and Listing Rules of the United Kingdom Listing Authority.


14 July 2014

MONDI signs extension of its EUR750 million revolving credit facility

Mondi is pleased to announce the signing of an Amendment and Restatement
Agreement that extends the maturity date of its existing EUR750 million revolving
credit facility from 2016 to 2019 and reduces the cost of the funding. The Agreement
includes an option to extend the facility for an additional year at both the first and
second anniversary of the Agreement with each bank’s approval.

The facility was self-arranged with the existing 10 relationship banks. The Mandated
Lead Arrangers are: Barclays Bank plc, BNP Paribas, Commerzbank AG, Deutsche
Bank AG, DNB Bank ASA, Erste Group Bank AG, HSBC Bank Plc, Raiffeisen Bank
International AG, The Royal Bank of Scotland plc and UniCredit Bank Austria AG.

Andrew King, Mondi’s Chief Financial Officer, said:
“We are delighted with the confidence shown in the Mondi Group by having all our
relationship banks agree to continue their support for the next five years. This
transaction reinforces the financial strength of the Group by extending our debt
maturity profile in a cost effective manner.”

Contact details:

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

Andrew King
Group CFO
Tel: +27 (0)11 994 5415
E-mail: andrew.king@mondigroup.com


Editors’ notes
About Mondi:

Mondi is an international packaging and paper Group, employing around
26,000 people in production facilities across 31 countries. In 2013, Mondi had
revenues of EUR6.5 billion and a ROCE of 15.3%. The Group's key
operations are located in central Europe, Russia, the Americas and South
Africa.

The Mondi Group is fully integrated across the packaging and paper value
chain - from the management of its own forests and the production of pulp
and paper (packaging paper and uncoated fine paper), to the conversion of
packaging paper into corrugated packaging, industrial bags, extrusion
coatings and release liner. Mondi is also a supplier of innovative consumer
packaging solutions, advanced films and hygiene products components.

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’s performance, and the responsible approach it takes to good business
practice, has been recognised by its inclusion in the FTSE4Good Global,
European and UK 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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