Bunzl PLC Issue of Debt (0673Y)
December 01 2017 - 1:01AM
UK Regulatory
TIDMBNZL
RNS Number : 0673Y
Bunzl PLC
01 December 2017
THIS ANNOUNCEMENT IS NOT FOR PUBLICATION, DISTRIBUTION OR
RELEASE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR IN ANY
OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY
APPLICABLE LAW
1 December 2017
BUNZL PLC
PROPOSED ISSUE BY BUNZL FINANCE PLC OF GBP300M 2.25% GUARANTEED
NOTES DUE 2025
Bunzl plc announces that its subsidiary Bunzl Finance plc
intends to issue GBP300m in aggregate principal amount of notes
(the "Notes"), to be guaranteed by Bunzl plc. The Notes will bear
interest at the rate of 2.25% per cent per annum, payable annually
in arrear. The Notes will be issued at 99.425 per cent of their
principal amount and, unless previously redeemed or purchased and
cancelled, will be redeemed at 100 per cent of their principal
amount, together with any accrued and unpaid interest, on their
maturity date of 11 June 2025.
Settlement of the Notes is expected to take place on 11 December
2017.
Bunzl Finance plc intends to use the proceeds of the Notes for
general corporate purposes.
Enquiries:
Brian May, Finance Director
Tel: +44 (0)20 7725 5000
IMPORTANT NOTICE
This announcement does not constitute or form part of an offer
to sell or the solicitation of an offer to subscribe for or
otherwise acquire any securities in the United States or in any
other jurisdiction. This announcement is not for distribution,
directly or indirectly in or into the United States (as defined in
Regulation S under the US Securities Act of 1933, as amended (the
"Securities Act")). The securities referred to herein have not been
and will not be registered under the Securities Act and may not be
offered or sold within the United States or to, or for the account
or benefit of, U.S. persons except pursuant to an exemption from,
or in a transaction not subject to, the registration requirements
of the Securities Act.
This communication is directed only at (i) persons who are
outside the United Kingdom, or (ii) persons who are in the United
Kingdom who are (a) persons who have professional experience in
matters relating to investments falling within Article 19(5) of The
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 or (b) otherwise, persons to whom it may otherwise lawfully be
directed (all such persons together being referred to as "relevant
persons"). This communication is directed only at relevant persons
and must not be read, acted on or relied on by persons who are not
relevant persons. Any investment or investment activity to which
this communication relates is available only to relevant persons
and will be engaged in only with relevant persons.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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