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Sappi announces €250m senior notes offering

14th May 2020

By: Donna Slater

Features Deputy Editor and Chief Photographer

     

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Pulp and paper company Sappi is offering €250-million of senior notes, due 2025.

The notes will be issued by Sappi Papier Holding, a subsidiary of Sappi.

This is being done to strengthen its liquidity headroom and balance sheet. The net proceeds from the offering will be used for general corporate purposes.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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