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01.03.2021 – 08:30

Mayr-Melnhof Karton AG

EANS-News: Mayr-Melnhof Group successfully places one billion EUR Schuldschein loan

  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.

Funds will be used to finance acquisitions and organic growth projects


Vienna - Mayr-Melnhof Karton AG, together with the arranging banks Erste Group,
Bank Austria and Raiffeisenbank International, has successfully placed a
Schuldschein loan and Namensschuldverschreibungen in a total volume of EUR 1
billion with a broadly diversified group of institutional investors in Austria
and abroad. The original target volume of EUR 300 million was oversubscribed by
a factor of six. The transaction comprises tranches with fixed as well as
variable interest rates over a duration of 5 to 15 years. The average duration
amounts to 8.8 years with an average interest rate of 1.5 %.

The proceeds will be used to finance the acquisition of Kotkamills, Finland, and
IP Kwidzyn, Poland, as well as for organic growth. Franz Hiesinger, CFO of the
MM Group, comments: "In a favorable capital market environment, a high level of
confidence was placed in our stable business model and the growth course in
sustainable and innovative fiber-based packaging solutions we have embarked
upon. Following this transaction, the Group's financing continues to be based on
a very solid capital base."

Further inquiry note:
For further information, please contact:
Stephan Sweerts-Sporck
Investor Relations
Mayr-Melnhof Karton AG
Brahmsplatz 6, A-1040 Vienna, Austria
Tel.: (+43/1) 50136 ? 91180
Fax: (+43/1) 50136 ? 91195

end of announcement                         euro adhoc
issuer:       Mayr-Melnhof Karton AG
              Brahmsplatz 6
              A-1040 Wien
phone:        +43 1 50 136
ISIN:         AT0000938204
indexes:      ATX, ATX PRIME
stockmarkets: Wien
language:     English