Mondi Limited
Incorporated in the Republic of South Africa
Registration number: 1967/013038/06
JSE share code: MND ISIN: ZAE000156550
Mondi plc
Incorporated in England and Wales
Registered number: 6209386
LEI: 213800LOZA69QFDC9N34
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI
As part of the dual listed company structure, Mondi Limited and Mondi plc (together "Mondi Group" or "Mondi") notify both the JSE Limited and the London Stock Exchange of matters required to be disclosed under the Listings Requirements of the JSE Limited and/or the Disclosure Guidance and Transparency Rules and the Listing Rules of the United Kingdom Listing Authority.
12 April 2018
Upgrade of Mondi's Standard & Poor's Long Term Credit Rating to BBB+, Stable Outlook
Mondi Group is pleased to announce that Standard & Poor's has upgraded the Group's credit rating to BBB+ from BBB.
Andrew King, Mondi's Chief Financial Officer, commented, "We are pleased to confirm that S&P has upgraded our credit rating in recognition of the Group's ongoing financial strength and robust business model."
Contact
James Paterson
Group Treasurer
+44 (0)1932 826340
Andrew King
Chief Financial Officer
+44 (0)1932 826355
Sara Sizer
Group Communication & Marketing Director
+43 1 79013 4505
About Mondi
Mondi is a global leader in packaging and paper, employing around 26,000 people in over 30countries. We are fully integrated across the packaging and paper value chain - from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is embedded in everything we do, with clearly defined commitments across 10action areas. We delight our customers with our innovative and sustainable packaging and paper solutions. Our major operations are in central Europe, Russia, North America and South Africa. In 2017, Mondi had revenues of €7.1 billion and a return on capital employed of 19.7%.
Mondi has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker MND and a premium listing on the London Stock Exchange for Mondi plc, under the ticker MNDI. We are a FTSE 100 constituent, and have been included in the FTSE4Good Index Series since 2008 and the JSE's Socially Responsible Investment (SRI) Index since 2007.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
