REG-Mondi PLC: Mondi launches EUR750 million Eurobond

MondiAnnouncement

27/03/2020 15:30

Mondi plc
Incorporated in England and Wales
Registered number: 6209386
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI           ISIN: GB00B1CRLC47
JSE share code: MNP

27 March 2020

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 €750 million Eurobond

Mondi has successfully launched a €750 million, 8-year Eurobond. Proceeds of
the issue, which is due to close on 1 April 2020, will be used for general
corporate purposes.

The Eurobond matures in April 2028, has a coupon of 2.375%, 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 BofA Securities,
BNP Paribas, Commerzbank, Deutsche Bank, SEB and UniCredit.

The Eurobond will be issued under Mondi's Euro Medium Term Note (EMTN)
programme, which is rated Baa1 by Moody's and BBB+ by Standard and Poor's.

Andrew King, Group CEO designate, said: “We are pleased to have successfully
launched a €750 million Eurobond today, which was supported by a wide group
of European institutional investors, extending our debt maturity profile and
further strengthening 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 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 details:

Mondi Group

James Paterson
Group Treasurer
+44 1932 826340

Clara Valera
Group Head of Strategy and Investor Relations
+44 1932 826357
 

 

About Mondi

Mondi is a global leader in packaging and paper, delighting its customers and
consumers with innovative packaging and paper solutions that are sustainable
by design. Our business is 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. In 2019,
Mondi had revenues of €7.27 billion and underlying EBITDA of €1.66
billion.

Mondi has a premium listing on the London Stock Exchange (MNDI), and a
secondary listing on the JSE Limited (MNP). Mondi is a FTSE 100 constituent,
and has been included in the FTSE4Good Index Series since 2008 and the
FTSE/JSE Responsible Investment Index Series since 2007.

Sponsor in South Africa: UBS South Africa Proprietary Limited.



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