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MONDI LIMITED - Mondi launches EUR500 million Eurobond

Release Date: 07/04/2016 16:50
Code(s): MND MNP     PDF:  
Wrap Text
Mondi launches EUR500 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 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

/ends

Date: 07/04/2016 04:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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