debt
confidence high
sentiment positive
materiality 0.65
Smurfit Westrock closes €1.2B and $850M green bond offerings; proceeds to refinance 2026 maturities
Smurfit Westrock plc
- $850M 5.418% senior notes due 2035; €600M 3.454% notes due 2032; €600M 3.807% notes due 2036.
- Net proceeds will redeem $750M WRKCo 4.650% notes due 2026 and €1B SKA 2.875% notes due 2026.
- Combined order books exceeded €5.9B and $5.5B, reflecting strong investor demand.
- Group intends to allocate equivalent proceeds to Eligible Green Projects per Green Finance Framework.
- Next significant bond maturity after redemptions is September 2027.