North America

Addition of McCoy Gift Card 28pt to the McCoy Product Line Allows for Total Brand Cohesion Across Marketing Campaign

The seventh annual report in Sappi North America's sustainability series highlights its excellent goal performance and a clear, aspirational vision for the future

In an effort to provide additional value to our customers, Sappi North America has made several product and service enhancements to the Opus and Flo product lines.

Further to Sappi’s announcement on March 14, 2016 in connection with a bond issue, Sappi Limited announced today that it priced its bond offering to raise €350 million of new senior secured notes due 2023 with a coupon of 4.0% per annum.

Sappi Limited announced today the closing of the offering of €350 million 4% senior secured notes due 2023 by its subsidiary Sappi Papier Holding GmbH (“SPH”). The net proceeds from this offering will be used to redeem all of SPH’s outstanding US$350 million senior secured notes due 2021 (the “2021 Notes”).

Our strategy to reposition Sappi as a profitable and cash-generative diversified woodfibre group remains well on track. The strong quarterly growth in our EBITDA excluding special items continues with an increase of 15% over the prior year to US$195 million.

Sappi Southern Africa has today announced it will shut down its Adamas paper mill in Port Elizabeth, South Africa. The permanent closure of the mill is expected to be finalised at the end of August.

Sappi Southern Africa today embarked on an official Section 189 engagement process with staff at its Tugela Mill in Mandeni on the KwaZulu-Natal North Coast regarding its decision to mothball the PM4 paper machine from 01 January 2013

Sappi Limited is pleased to announce that Glen Pearce, currently the Chief Financial Officer of Sappi Europe SA, will be appointed as Chief Financial Officer (CFO) and join the Sappi Limited Board as an Executive Director on 01 July 2014

Sappi Southern Africa CEO Alex Thiel welcomed the announcement made on Friday 10 April 2015 that Ngodwana Energy has been chosen as a preferred bidder in the Department of Energy’s 4th window Renewable Independent Power Producers Procurement Programme (REIPPPP).