Smurfit Kappa Acquisitions €500 million 2.375% high yield issue

24/1/2017
High-yield bond/note issue, Private placement of bonds/notes

€ 500 million

$ 539.401 million

Completed

24/1/2017


Overview:

  • Smurfit Kappa Acquisitions has issued €500 million in high yield notes.
  • The 2.375% notes are due in 2024 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 bookrunners.

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)

Lawyer: William Burke