PRESS RELEASE March 11th, 2015 ÅR PACKAGING GROUP AB SUCCESSFULLY RAISES EUR 35 MILLION IN A SUBSEQUENT ISSUE OF BONDS On March 11th, ÅR Packaging Group AB ("AR Packaging") successfully placed a EUR 35 million subsequent bond under the terms and conditions of its outstanding EUR 80 million 3m EURIBOR + 5.75% bonds 2013/2017. The proceeds from the subsequent issue will, together with existing cash and a EUR 15 million junior unsecured loan, fully finance the previously announced acquisition of the European folding carton operations of MeadWestvaco Corporation. The bonds, maturing in July 2017, will bear a floating coupon of 3m EURIBOR + 5.75% (paid quarterly in arrears) and were placed at 101.50% of par. The transaction was well received by the market, as proven by a very strong demand and an oversubscribed book. Altogether more than 25 institutional investors participated in the issue and due to the strong demand, the book closed the same day the transaction was launched in the market. "We are pleased to secure the financing of this important acquisition for AR Packaging. This clearly shows confidence in the company and that its performance during the last years has been well received by investors on the financial market" says Harald Schulz, CEO at AR Packaging. Pareto Securities AB acted as sole bookrunner in connection with the bond issue. For further information please contact: Harald Schulz, CEO, ÅR Packaging Group AB Phone +49 6192 406 100, email harald.schulz@ar-packaging.com Niclas Nyström, CFO, ÅR Packaging Group AB Phone +46 701 44 56 64, email niclas.nystrom@ar-packaging.com AR Packaging AR Packaging is one of Europe's leading companies in the packaging sector with a turnover exceeding EUR 400 million and 1,600 employees in 14 factories in 7 countries. The head office is situated in Lund, Sweden. AR Packaging was formed in 2011 as a merger of A&R Carton, one of Europe's leading carton board packaging groups and Flextrus, a leader in northern Europe within flexible packaging. The group creates added value to customers by a broad product offering and deep knowledge of packaging. AR Packaging has an objective to grow both organically and by way of acquisitions aiming at an IPO. [HUG#1902348]
ÅR Packaging Group AB successfully raises EUR 35 million in a subsequent issue of bonds
| Source: ÅR Packaging Group AB