Smurfit Kappa GrpPLC Statement re Pricing of a Senior Notes Offering
June 25 2018 - 10:53AM
UK Regulatory
TIDMSKG
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN,
THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OF AMERICA OR ANY
OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.
Smurfit Kappa Announces the Pricing of a Senior Notes
Offering
Smurfit Kappa Group plc today announces that it has successfully
priced an offering by one of its wholly-owned subsidiaries, Smurfit
Kappa Acquisitions Unlimited Company, of EUR600 million of euro
denominated senior notes due 2026.
The notes priced at par and have a coupon of 2.875%. The closing
of the sale of the notes is scheduled to be completed on 28 June
2018, and is subject to customary conditions.
The notes are being offered in a private placement and there
will be no public offering of the notes. The notes will be offered
and sold only to non-U.S. persons outside the United States in
accordance with Regulation S under the Securities Act of 1933, as
amended.
About Smurfit Kappa
Smurfit Kappa, a FTSE 100 company, is one of the leading
providers of paper-based packaging solutions in the world, with
around 46,000 employees in approximately 365 production sites
across 35 countries and with revenue of EUR8.6 billion in 2017. We
are located in 22 countries in Europe, and 13 in the Americas. We
are the only large-scale pan-regional player in Latin America.
Forward-Looking Statements
Some statements in this announcement are forward-looking. They
represent expectations for the Group's business and involve risks
and uncertainties. These forward-looking statements are based on
current expectations and projections about future events. The Group
believes that current expectations and assumptions with respect to
these forward-looking statements are reasonable. However, because
they involve known and unknown risks, uncertainties and other
factors, which are in some cases beyond the Group's control, actual
results or performance may differ materially from those expressed
or implied by such forward-looking statements.
Important Notice
THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES
NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR
ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE
FOR, ANY SECURITIES OF SMURFIT KAPPA ACQUISITIONS UNLIMITED COMPANY
IN THE UNITED STATES OR ANY OTHER JURISDICTION; SECURITIES MAY NOT
BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN
EXEMPTION FROM REGISTRATION. NOT FOR DISTRIBUTION OR RELEASE IN OR
INTO ANY JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED
BY APPLICABLE LAW.
This announcement is directed only at persons who are: located
outside the United States and are (a) persons in member states of
the European Economic Area (the "EEA") other than the United
Kingdom who are qualified investors (within the meaning of Article
2(1)(e) of the Prospectus Directive (Directive 2003/71/EC as
amended, including by Directive 2010/73/EU) and any relevant
implementing measure in each member state of the EEA); (b) persons
in the United Kingdom who are qualified investors and who are (i)
investment professionals falling within Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the "Order"); or (ii) persons falling within Article 49(2)
(a) to (d) ("high net worth companies, unincorporated associations,
etc.") of the Order; or (c) persons to whom it may otherwise be
lawfully communicated (all such persons together being referred to
as "relevant persons"). This announcement must not be acted on or
relied on by persons who are not relevant persons. Any investment
or investment activity to which this announcement relates is
available only to relevant persons and will be engaged in only with
relevant persons.
ENDS
Contacts for media:
Contacts:
Ciaran Potts Melanie Farrell or Mark Kenny
Smurfit Kappa FTI Consulting
T: + 353 1 2027127 T: + 353 1 663 36 80
E: ir@smurfitkappa.com E: smurfitkappa@fticonsuting.com
Follow us on Twitter at @smurfitkappa and on LinkedIn at
'Smurfit Kappa'.
www.smurfitkappa.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20180625005861/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
June 25, 2018 11:53 ET (15:53 GMT)
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