Sodexo - Results of the adjourned meetings in relation to the solicitation of consents of the bondholders
August 08 2023 - 5:40AM
Issy-les-Moulineaux, August 8, 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION
DIRECTLY OR INDIRECTLY IN ANY JURISDICTION OR TO ANY PERSON LOCATED
OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE,
PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.
Neither this announcement nor the Consent
Solicitation Memorandum constitutes an invitation to participate in
the Consent Solicitation in any jurisdiction in which, or to any
person to or from whom, it is unlawful to make such invitation or
for there to be such participation under applicable securities laws
or regulations. The distribution of this announcement or of the
Consent Solicitation Memorandum in certain jurisdictions may be
restricted by law or regulations. Persons into whose possession
this announcement or the Consent Solicitation Memorandum comes are
required by the Issuer (as defined below), Citigroup Global Markets
Limited, HSBC Continental Europe and J.P. Morgan SE (the
“Solicitation Agents”), D.F. King (the “Information and Tabulation
Agent”) and Citibank, N.A. and BNP Paribas (the “Fiscal Agents”) to
inform themselves about, and to observe, any such restrictions.
Sodexo hereby announces the results of the
adjourned meetings in relation to the solicitation of consents of
the holders of bonds listed below launched on July 3, 2023 in the
context of the proposed spin-off by the Issuer of its Benefits
& Rewards Services (“BRS”) branch1.
Terms and conditions of the consent
solicitations are set out in the Consent Solicitation Memorandum
dated July 3, 2023, as amended, and relevant notices of meeting
distributed to the bondholders in the manner specified in the terms
and conditions of such bonds.
Sodexo bonds |
ISIN / Common Code |
Results |
EUR 500,000,000 0.500 per cent. Bonds due 17 January
2024 |
ISIN: XS2203995910 Common Code: 220399591 |
Approved |
EUR 800,000,000 0.750 per cent. Bonds due 14 April 2027 |
ISIN: XS1505132602 Common Code: 150513260 |
Approved |
EUR 500,000,000 1.000 per cent. Bonds due 17 July 2028 |
ISIN: XS2203996132 Common Code: 220399613 |
Approved |
EUR 800,000,000 1.000 per cent. Bonds due 27 April 2029 |
ISIN: XS2163333656 Common Code: 216333365 |
Approved |
DISCLAIMER
By participating in the Consent Solicitation and
attending, and/or submitting Voting Instructions or approving a
proxy in relation to the Meeting, the Bondholders will be deemed to
have made and given the representations, warranties and
undertakings set out in the Consent Solicitation Memorandum.
In particular, the Proposal is not being made to
Bondholders who are persons resident or located in any jurisdiction
in which the making of the Proposal would not be in compliance with
the securities laws of such jurisdictions.
Neither the Consent Solicitation Memorandum nor
this announcement constitutes an invitation to participate in the
Consent Solicitation in any jurisdiction in which, or to any person
to whom, it is unlawful to make such invitation or for there to be
such participation under applicable securities laws or regulations.
The distribution of the Consent Solicitation Memorandum and this
announcement in certain jurisdictions may be restricted by laws or
regulations.
Persons into whose possession the Consent
Solicitation Memorandum and this announcement comes are required by
each of the Issuer, the Solicitation Agents, the Fiscal Agents, and
the Information and Tabulation Agent to inform themselves about,
and to observe, any such restrictions. None of the Issuer, the
Solicitation Agents, the Fiscal Agents or the Information and
Tabulation Agent will incur any liability for its own failure or
the failure of any other person or persons to comply with the
provisions of any such restrictions.
Neither the Consent Solicitation Memorandum nor
this announcement is an offer of securities for sale in the United
States or to any U.S. person. Securities may not be offered or sold
in the United States absent registration or an exemption from
registration. The Bonds have not been, and will not be, registered
under the Securities Act, or the securities laws of any state or
other jurisdiction of the United States, and may not be offered or
sold in the United States or to, or for the account or benefit of,
U.S. persons, unless an exemption from the registration
requirements of the Securities Act is available.
For the purpose of the Consent Solicitation
Memorandum and this announcement, “United States” means the
United States of America, its territories and possessions, any
state of the United States of America and the District of Columbia.
Terms used in this paragraph have the meaning given to them by the
Securities Act.
In addition, the communication of the Consent
Solicitation Memorandum, this announcement and any other documents
or materials relating to the Proposal is not being made, and such
documents and/or materials have not been approved, by an authorized
person for the purposes of section 21 of the Financial Services and
Markets Act 2000 (“FSMA”). Accordingly, such documents
and/or materials are not being distributed to, and must not be
passed on to, the general public in the United Kingdom. Such
documents and/or materials are only directed at and may only be
communicated to (1) any person within Article 43(2) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005, which includes a creditor or member of the Issuer, and (2) to
any other persons to whom these documents and/or materials may
lawfully be communicated in circumstances where section 21(1) of
the FSMA does not apply.
About Sodexo
Founded in Marseille in 1966 by Pierre Bellon,
Sodexo is the global leader in sustainable food and valued
experiences at every moment in life: learn, work, heal and play.
Operating in 53 countries, our 422,000 employees serve 100 million
consumers each day. The Sodexo Group stands out for its
independence and its founding family shareholding, its responsible
business model and its portfolio of activities including Food
Services, Facilities Management Services and Employee Benefit
Solutions. This diversified offer meets all the challenges of
everyday life with a dual goal: to improve the quality of life of
our employees and those we serve, and contribute to the economic,
social and environmental progress in the communities where we
operate. For Sodexo, growth and social commitment go hand in hand.
Our purpose is to create a better everyday for everyone to build a
better life for all.Sodexo is included in the CAC Next 20, CAC 40
ESG, CAC SBT 1.5, FTSE 4 Good and DJSI indices.
Key figures
- 21.1 billion euros in Fiscal 2022 consolidated revenues
- 422,000 employees as at August 31, 2022
- #2 France-based private employer worldwide
|
- 53 countries
- 100 million consumers served daily
- 13.7 billion euros in market capitalization (as at August 7,
2023)
|
Contacts
Analysts
and Investors |
Media |
Virginia
Jeanson+33 1 57 75 80 56virginia.jeanson@sodexo.com |
Mathieu Scaravetti+33
6 28 62 21 91mathieu.scaravetti@sodexo.com |
1 See Sodexo press release dated July 3, 2023
available on its website (www.sodexo.com).
- PR Sodexo - Results of the solicitation of consents - 8 August
2023 - ENG
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