Monday July 6, 2020

Smurfit Kappa has €1bn in callable over next two years

Irish packaging giant Smurfit Kappa has combined callable debt of €1 billion in 2013 and 2014, it has said, according to a Bloomberg report.

3rd September, 2013
Cardboard packaging in production at a Smurfit Kappa plant.

Irish packaging giant Smurfit Kappa has combined callable debt of €1 billion in 2013 and 2014, it has said, according to a Bloomberg report.

It also indicated that it does not see a need to change its listing from the Irish Stock Exchange. A number of internationally focussed Irish companies have abandoned the ISEQ for London inrecent times.

The report also said that Smurfit Kappa chief executive Gary McGann believes that the recession in Europe has bottomed...

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