26th Jun 2014 11:19
LONDON (Alliance News) - Smurfit Kappa Group PLC Thursday said it has completed a new five-year trade receivables securitisation programme of up to EUR240 million maturing in June 2019, using its receivables in France, the UK, and Germany.
In a statement, the paper-based packaging producer said it will use the new programme to refinance a similar facility maturing in 2015.
Smurfit Kappa shares were Thursday quoted at EUR16.635, down 1.0%.
By Samuel Agini; [email protected]; @samuelagini
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