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Mondi launches €500 million Eurobond
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
23 May 2024
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR FOR THE ACCOUNT
OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S.
SECURITIES ACT OF 1933) OR IN OR INTO ANY OTHER JURISDICTION IN WHICH
SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW
Mondi launches €500 million Eurobond
Mondi has successfully launched a €500 million, 8-year Eurobond. Proceeds of the issue,
which is due to close on 31 May 2024, will be used for general corporate purposes.
The Eurobond matures in May 2032, has a coupon of 3.75%, and an application will be
made for it to be admitted to trading on the London Stock Exchange's regulated market. The
joint book-runners for the issue were Barclays, BBVA, BofA Securities, Erste Group and
Raiffeisen Bank International.
The Eurobond will be issued under Mondi's Euro Medium Term Note (EMTN) programme,
which is rated Baa1 by Moody's and A- by Standard and Poor's.
Mike Powell, CFO, Mondi Group, said "We are pleased to have successfully launched a
€500 million Eurobond today, which was supported by a wide range of European
investors. This bond will extend our debt maturity profile and further strengthen the Group's
liquidity position."
THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN OR
INTO THE UNITED STATES OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS
(AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933 (THE
"SECURITIES ACT")). THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL SECURITIES
OR THE SOLICITATION OF ANY OFFER TO BUY SECURITIES, NOR SHALL THERE BE
ANY OFFER OF SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER OR SALE
WOULD BE UNLAWFUL.
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
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Enquiries
Fiona Lawrence +44 742 587 8683
Group Head of Investor Relations
James Paterson +44 799 053 4384
Group Treasurer
Editor´s notes
Mondi is a global leader in packaging and paper, contributing to a better world by producing
products that are sustainable by design. We employ 22,000 people in more than 30 countries
and operate an integrated business with expertise spanning the entire value chain, enabling
us to offer our customers a broad range of innovative solutions for consumer and industrial
end-use applications. Sustainability is at the centre of our strategy, with our ambitious
commitments to 2030 focused on circular driven solutions, created by empowered people,
taking action on climate.
In 2023, Mondi had revenues of €7.3 billion and underlying EBITDA of €1.2 billion. Mondi has
a premium listing on the London Stock Exchange (MNDI), where the Group is a FTSE100
constituent, and also has a secondary listing on the JSE Limited (MNP).
mondigroup.com
Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities.
Date: 23-05-2024 05:25:00
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