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2014-06-27T12:00:00

Successful completion of €240 million Trade Receivables Securitisation Refinancing

Smurfit Kappa is pleased to announce that it has successfully completed a new five year trade receivables securitisation programme of up to €240 million maturing in June 2019, utilising the Group’s receivables in France , the United Kingdom and  Germany.

The new programme will be used to refinance a similar facility which matures in 2015. The programme complements the Group’s existing €175 million securitisation facility.