Sappi extends leverage covenant relief on RCF and term debt to December 2027

Bitget2026/09/25 06:40

By:Bitget

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Sappi extended leverage covenant relief on its international revolving credit facility and bank term debt to June 2027.
Leverage covenant testing had been set to resume in March 2027.
New stepped leverage covenant levels run from June 2027 through December 2027, providing additional headroom.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sappi Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S603755), on September 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sappi extends leverage covenant relief on RCF and term debt to December 2027

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