16th Oct 2025 16:32
Mondi PLC - Weybridge, England-based packaging firm - Launches a five-year EUR550 million eurobond. Eurobond matures in May 2031, with a coupon of 3.375%. Says it plans to use proceeds for refinancing of existing indebtedness, including the concurrent tender offer on its EUR600 million 1.625%. The new issue is due to close on October 23. "We are pleased to have successfully launched a EUR550 million eurobond today, which was supported by a wide range of European investors," Mondi Chief financial Officer Mike Powell says.
Current share price in London: 829.00 pence, down 1.6% on Thursday
12-month change: down 40%
Current share price in Johannesburg: ZAR191.39, down 1.7%
12-month change: down 40%
By Artwell Dlamini, Alliance News senior reporter South Africa
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