2nd Nov 2009 07:00
Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000097051
Mondi plc
(Incorporated in England and Wales)
(Registration number: 6209386)
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") notify both the JSE Limited and the London Stock Exchange of matters required to be disclosed under the JSE listings requirements and/or the Disclosure and Transparency and Listing Rules of the United Kingdom Listing Authority.
2 November 2009
Mondi Group wishes to draw attention to subsidiary Mondi Swiecie S.A.'s announcement about the completion of the refinancing of its business.
Mondi Swiecie S.A. Completes Refinancing
Mondi Swiecie S.A., the Mondi Group's 66% owned subsidiary in Poland, has completed a refinancing of its business. This includes renegotiation of the terms of a nine year Syndicated EIB Guarantee Facility for PLN 521,782,800 and the consolidation of its other financing sources through a Syndicated Revolving Credit Facility Agreement for PLN 225,000,000 and a Mondi Group inter company loan facility of PLN 200,000,000.
Both the Syndicated EIB Guarantee Facility and the Syndicated Revolving Credit Facility have been guaranteed by Mondi Group.
Contact details:Mondi Group Tel: +27(0)11 994 5415 Andrew King Lora Rossler Tel: +27 31 451 2111 or [email protected] Mondi Group
Mondi is an international paper and packaging group and in 2008 had revenues of EUR6.3 billion. Its key operations and interests are in Western Europe, emerging Europe, Russia and South Africa.
The Group is principally involved in the manufacture of packaging paper and converted packaging products; uncoated fine paper; and speciality products and processes, including coatings and consumer flexibles.
Mondi is fully integrated across the paper and packaging process, the growing of wood and manufacture of pulp (including recycled materials) and paper to the converting of packaging papers into corrugated packaging and industrial bags.
Mondi has production operations across 35 countries and had an average of 33,400 employees in 2008. www.mondigroup.com
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