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.