Doc re. Private Placement

RNS Number : 8557W

Henderson Intl. Income Trust PLC

23 April 2019

 

HENDERSON INVESTMENT FUNDS LIMITED  

HENDERSON INTERNATIONAL INCOME TRUST PLC

LEGAL ENTITY IDENTIFIER: 2138006N35XWGK2YUK38

23 April 2019

HENDERSON INTERNATIONAL INCOME TRUST PLC

("the Company")

Fixed Rate Borrowing

The Board of the Company announces that it has agreed to issue Euro 30,000,000 fixed rate 25 year unsecured private placement notes (the "Notes") at an annualised coupon of 2.43%.

This transaction will obtain fixed rate long dated euros denominated financing at a pricing that the Company considers attractive and is expected to enhance long term investment performance.

The funding date is expected to be 30 April 2019 and the Notes are due to be repaid on 29 April 2044. The interest payment dates will be 30 April and 30 October.

The Notes will be unsecured which gives the Company increased flexibility to manage its borrowings in the future.  

There has been no change in the Company's policy on gearing, as set out on pages 4 & 17 of the 2018 Annual Report.

For further information please contact: Janus Henderson Investors
Ben Lofthouse - Fund Manager		Tel: [phone]
James de Sausmarez - Director and Head of Investment Trusts		Tel: [phone]
Laura Thomas - Investment Trust PR Manager		Tel: [phone]

Disclaimer:

The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Act") and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act. This notice is for information only, does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

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