SKG Smurfit Kappa Group Plc

 
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Smurfit Kappa Group plc

Update on Capital Structure

Dublin, London 10 June, 2013: Smurfit Kappa Group plc ('Smurfit Kappa' or the 'Group') announces, as part of its continuing programme of effective capital management, and reflecting its reduced net debt and migration of its credit profile from leveraged to corporate, that it is now in discussions with its banks to refinance its senior secured credit facility with an unsecured relationship bank facility.

A further announcement may be made in due course.

ENDS

About Smurfit Kappa Group

SKG is a world leader in paper-based packaging with operations in Europe and the Americas. SKG operates in 21 countries in Europe and 11 in the Americas. With innovation, service and pro-activity towards customers as its primary focus, SKG is the European leader in paper-based packaging including, corrugated, containerboard, bag-in-box, solidboard, and solidboard packaging. It also has a key position in a number of other product/market segments, including graphicboard, MG paper and sack paper. SKG has a growing base in Eastern Europe, and it is the only large scale pan regional operator in Latin America.

 
 
 
This information is provided by Business Wire 
 
 

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