Smurfit Kappa Acquisitions €250 million 2.75% high yield issue

16/2/2015
High-yield bond/note issue, Private placement of bonds/notes

€ 250 million

$ 268.904 million

Completed

16/2/2015


Overview:

  • Smurfit Kappa Acquisitions has issued €250 million in high yield notes.
  • The 2.75% notes are due in 2025 and issued on the Irish Stock Exchange.
  • The notes are issued as a private placement to institutional investors under Rule144A/Reg S.
  • JPMorgan Securities and Citigroup Global Markets acted as initial purchasers.
  • Citigroup, Crédit Agricole, Danske Bank, HSBC, JPMorgan and RBS acted as bookruners.

Sam Duke - Editor

Jurisdictions:

Bermuda
Ireland

Deal types:

High-yield bond/note issue
Private placement of bonds/notes

Practice area:

Capital markets : Debt

Industry sector:

Industrials and manufacturing


Firms:

Party: JPMorgan Securities (Initial purchaser)

Party: Citigroup Global Markets Ltd (Initial purchaser)


Party: JPMorgan Securities (Initial purchaser)

Party: Citigroup Global Markets Ltd (Initial purchaser)

Lawyer: Philip Boeckman


Party: Smurfit Kappa (Issuer)


Party: Smurfit Kappa (Issuer)

Lawyer: William Burke


Party: Smurfit Kappa (Issuer)