Debt capital markets issue

RNS Number : 2485T

Grainger PLC

18 November 2013

 



Grainger plc

Monday 18 November 2013

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, DISTRIBUTE OR PUBLISH THIS ANNOUNCEMENT

Grainger plc ("Grainger" or the "Company")

Debt capital markets issue Grainger, the UK's largest quoted residential property owner and manager, announces that it is today commencing meetings with debt investors in connection with a possible bond issue. This follows the Company's statement in its results for the year ended 30 September 2013, issued on 7 November 2013, that it is considering diversifying its funding sources and accessing the debt capital markets. Further announcements will be made in due course, as appropriate.

For further information:

Grainger plc                                                               Tel: [phone]

Andrew Cunningham, Chief Executive

Mark Greenwood, Finance Director

Kurt Mueller, Director of Corporate Affairs

FTI Consulting                                                          Tel: [phone]

Stephanie Highett/ Dido Laurimore/ Will Henderson/ Nick Taylor

Disclaimer

The press release shall not constitute an offer to sell or the solicitation of an offer to buy securities. There will not be any sale of these securities in any such state or country in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or country.

This press release may not be distributed, directly or indirectly in or into the United States or to any U.S. person (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). This press release is not an offer of securities for sale or the solicitation of any offer to buy securities in the United States or in any jurisdiction in which such offer or sale would be unlawful. The securities referred to herein have not been and will not be registered under the Securities Act, and may not be offered or sold in the United States absent registration or exemption from registration under the Securities Act.

This press release may include projections and other "forward-looking" statements within the meaning of applicable securities laws. Any such projections or statements reflect the current views of Grainger PLC about further events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from these projections.

Within the United Kingdom, this announcement is directed only at persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ("relevant persons"). The investment or investment activity to which this announcement relates is only available to and will only be engaged in with relevant persons and person who receive this announcement who are not relevant persons should not rely or act upon it.

 

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