Smurfit Kappa to redeem all 7¾% notes due 2019 via new offering

By Tali Rackner

Norfolk, Va., May 28 - Smurfit Kappa Group plc plans to redeem all of the existing €500 million of 7¾% senior notes due 2019 issued by Smurfit Kappa Acquisitions with the proceeds from a new notes offering, according to a press release.

Proceeds will also be used to pay certain fees and expenses related to the offering and costs related to the redemption.

Smurfit Kappa is a Dublin, Ireland, paper-based packaging manufacturer.

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