ÅR Packaging Group AB successfully raises EUR 35 million in a subsequent issue of bonds

PRESS RELEASE

                                                                March 11th, 2015

ÅR  PACKAGING GROUP AB SUCCESSFULLY RAISES  EUR 35 MILLION IN A SUBSEQUENT ISSUE
OF BONDS

On  March 11th, ÅR Packaging Group AB ("AR Packaging") successfully placed a EUR
35 million subsequent bond under the terms and conditions of its outstanding EUR
80 million  3m EURIBOR + 5.75% bonds 2013/2017. The proceeds from the subsequent
issue  will, together with  existing cash and  a EUR 15 million junior unsecured
loan, fully finance the previously announced acquisition of the European folding
carton operations of MeadWestvaco Corporation.

The  bonds, maturing in July  2017, will bear a floating  coupon of 3m EURIBOR +
5.75% (paid quarterly in arrears) and were placed at 101.50% of par.

The  transaction was  well received  by the  market, as  proven by a very strong
demand  and  an  oversubscribed  book.  Altogether  more  than  25 institutional
investors  participated in  the issue  and due  to the  strong demand,  the book
closed the same day the transaction was launched in the market.

"We  are pleased to  secure the financing  of this important  acquisition for AR
Packaging. This clearly shows confidence in the company and that its performance
during  the last  years has  been well  received by  investors on  the financial
market" says Harald Schulz, CEO at AR Packaging.

Pareto Securities AB acted as sole bookrunner in connection with the bond issue.



For further information please contact:

Harald Schulz, CEO, ÅR Packaging Group AB
Phone +49 6192 406 100, email harald.schulz@ar-packaging.com

Niclas Nyström, CFO, ÅR Packaging Group AB
Phone +46 701 44 56 64, email niclas.nystrom@ar-packaging.com



AR Packaging
AR Packaging is one of Europe's leading companies in the packaging sector with a
turnover exceeding EUR 400 million and 1,600 employees in 14 factories in 7
countries. The head office is situated in Lund, Sweden. AR Packaging was formed
in 2011 as a merger of A&R Carton, one of Europe's leading carton board
packaging groups and Flextrus, a leader in northern Europe within flexible
packaging. The group creates added value to customers by a broad product
offering and deep knowledge of packaging. AR Packaging has an objective to grow
both organically and by way of acquisitions aiming at an IPO.

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