Smurfit Kappa IPO gains euro1.3 billion to reduce debt

摘要

In a major IPO,Smurfit Kappa Group,the second largest containerboard producer in the world by capacity in 2006,generated euro1.3 billion(1.72 billion)last week that will go almost totally for paying down the company's large debt by about euro1.2 billion,the company said last week.