Mondi plc Launches €550 Million Eurobond to Strengthen Liquidity

Tip Ranks
2025.10.16 15:12
portai
I'm PortAI, I can summarize articles.

Mondi plc has launched a €550 million Eurobond maturing in May 2031 with a 3.375% coupon to refinance existing debt and enhance liquidity. The bond will be traded on the London Stock Exchange and is part of Mondi’s Euro Medium Term Note programme, rated Baa1 by Moody’s and BBB+ by S&P. Analysts rate Mondi stock as Hold with a £10.00 target, reflecting mixed financial performance and bearish indicators. Mondi, a leader in sustainable packaging and paper, reported €7.4 billion in revenues for 2024.

Mondi plc ( (GB:MNDI) ) just unveiled an update.

Mondi plc has launched a €550 million Eurobond, set to mature in May 2031 with a coupon of 3.375%. The proceeds will be used to refinance existing debt, including a tender offer on its €600 million notes due in April 2026, thereby strengthening the company’s liquidity position. The Eurobond, supported by European investors, will be traded on the London Stock Exchange and is part of Mondi’s Euro Medium Term Note programme, rated Baa1 by Moody’s and BBB+ by Standard and Poor’s.

The most recent analyst rating on (GB:MNDI) stock is a Hold with a £10.00 price target. To see the full list of analyst forecasts on Mondi plc stock, see the GB:MNDI Stock Forecast page.

Spark’s Take on GB:MNDI Stock

According to Spark, TipRanks’ AI Analyst, GB:MNDI is a Neutral.

Mondi plc’s overall stock score is driven by mixed financial performance and bearish technical indicators. Positive corporate events and a strong dividend yield provide some support, but high valuation metrics and declining profitability are concerns.

To see Spark’s full report on GB:MNDI stock, click here.

More about Mondi plc

Mondi is a global leader in packaging and paper, focusing on sustainable products. The company employs 24,000 people across more than 30 countries, offering a wide range of innovative solutions for consumer and industrial applications. Mondi emphasizes sustainability with ambitious goals for 2030, aiming for circular-driven solutions and climate action. In 2024, Mondi reported revenues of €7.4 billion and an underlying EBITDA of €1.0 billion. It is listed on the London Stock Exchange as a FTSE100 constituent and has a secondary listing on the JSE Limited.

Average Trading Volume: 1,682,380

Technical Sentiment Signal: Sell

Current Market Cap: £3.71B

See more insights into MNDI stock on TipRanks’ Stock Analysis page.

Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.