Issue of Debt

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THIS ANNOUNCEMENT IS NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE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 £300M 2.25% GUARANTEED NOTES DUE 2025

Bunzl plc announces that its subsidiary Bunzl Finance plc intends to issue £300m 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:  [phone]

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.

 

END

 

 

IODOKKDDKBDBPDN