BRIEF-Sappi prices 350 mln euros senior secured notes offering

miércoles 16 de marzo de 2016 01:09 GYT
 

March 16 (Reuters) - Sappi Ltd

* Sappi prices EUR 350 million senior secured notes offering

* Net proceeds of offering will be used to redeem all of Sappi Papier Holding GmbH's US$350 million senior secured notes due 2021.

* Priced its bond offering to raise EUR 350 million of new senior secured notes due 2023 with a coupon of 4.0% per annum. Source text for Eikon: Further company coverage: