| Mon 2 Nov 2009, 9:20 | | MND / MNP - Mondi Swiecie S.A. Completes Refinanci |
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MND MNP
MND MNP
MND / MNP - Mondi Swiecie S.A. Completes Refinancing
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
lora.rossler@mondigroup.co.za
About Mondi Group
Mondi is an international paper and packaging group and in 2008 had revenues of
Euro6.3 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
Date: 02/11/2009 09:00:05 Produced by the JSE SENS Department.
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