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MONDI LIMITED - Upgrade of Mondis Standard & Poors Long Term Credit Rating to BBB+, Stable Outlook

Release Date: 12/04/2018 13:00
Code(s): MND MNP
Wrap Text
Upgrade of Mondi’s Standard & Poor’s Long Term Credit Rating to BBB+, Stable Outlook

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” 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.

12 April 2018

Upgrade of Mondi’s Standard & Poor’s Long Term Credit Rating to BBB+, Stable
Outlook

Mondi Group is pleased to announce that Standard & Poor’s has upgraded the Group's credit
rating to BBB+ from BBB.

Andrew King, Mondi's Chief Financial Officer, commented, "We are pleased to confirm that
S&P has upgraded our credit rating in recognition of the Group's ongoing financial strength
and robust business model.”

Contact


James Paterson, Group Treasurer                            +44 (0)1932 826340
Andrew King, Chief Financial Officer                       +44 (0)1932 826355
Sara Sizer, Group Communication & Marketing Director       +43 1 79013 4505


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 (Pty) Ltd

Date: 12/04/2018 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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