Smurfit Kappa Treasury Unlimited Co., founded in 2007 and based in the Netherlands, serves as the central financing entity for the Smurfit Kappa Group, a leading provider of paper-based packaging solutions. The company aims to facilitate efficient funding for the group while optimizing its financial resources through strategic treasury operations.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its establishment, Smurfit Kappa Treasury Unlimited Co. has actively issued bonds to support the group's financing needs, with significant issuances including a €500 million bond in 2019, which was prominently used for refinancing existing debt. The current yield on its bonds is competitive within the industry, reflecting the company's strong credit rating and robust financial performance. Notably, the issuer's bonds feature attractive terms, including callable options, providing investors with flexibility amidst changing market conditions.