Sappi Announces $680M Multi-Currency Senior Secured Notes Offering

Sappi Limited SPP today announced the offering of US$680 million, in euros and dollars, equivalent aggregate principal amount of senior secured notes to be issued in two series due 2018 and 2021, respectively, in an offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended. The notes will be issued by Sappi Papier Holding GmbH a subsidiary of Sappi Limited.