As a company that relies on renewable natural resources, sustainability is at our core. Achieving ambitious sustainability targets helps us deliver the highest quality products and solutions. More about sustainability in Sappi.
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We want to provide value to our shareholders - and as a global leader in our industry, we can do just that. Get an overview of all our financial activity, from reports to share prices.
If there is something that the last few lockdown months have taught many of us, is that we need to make 'Time for Nature'. We have marvelled as the planet has taken a breather along with her inhabitants and has rejuvenated herself, as we have rediscovered the abundance that she has to offer. It is why it is so apt that it is the theme for this year’s World Environment Day.
Sappi has decided not to proceed with the proposed offering of €250 million senior notes at this time due to unsatisfactory market conditions. Sappi has a long history of prudent and proactive balance sheet management.
Sappi Limited today announced the offering of €250 million aggregate principal amount of senior notes due 2025, in an offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended (the “Securities Act”). The notes will be issued by Sappi Papier Holding GmbH, a subsidiary of Sappi Limited. The Company is implementing this offering in order to strengthen its liquidity headroom and balance sheet. The net proceeds from this offering will be used for general corporate purposes.
Sappi, a leading diversified woodfibre company, has published an informational document on its website with further information about the Company and its consolidated subsidiaries (the “Sappi Group”). The information is available as of today at the following address: https://www.sappi.com/
Sappi Limited (JSE: SAP, OTC: SPPJY) will release its Q3 FY20 financial results for the period ended June 2020 on Thursday, 30 July 2020, at 09:00 South African time.