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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.