News and Events Listing

Further to Sappi’s announcement on 08 March 2021 in connection with a bond issue, Sappi Limited announced today that it priced Sappi Papier Holding GmbH’s (“SPH”) bond offering to raise €400 million of new senior notes due 2028 with a coupon of 3.625% per annum.

Sappi, a leading diversified woodfibre company, has published an informational document on its website.

Company nominated for sustainable product development and design of casting and release paper.

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with the continued recovery in our results over the past nine months. EBITDA improved progressively from a low of US$26m in our third quarter of 2020 due to the impact of COVID-19 to US$98m for the first quarter of our 2021 financial year. I am confident that our recovery is on track despite the ongoing negative affect from COVID-19.”