Issue of Debt

Unilever PLC
Unilever NV
16 November 2000


 
UNILEVER LAUNCHES euro 2.25 bn EUROBOND ISSUE 
 
Unilever took a further step in refinancing Commercial Paper raised for
settlement of the Bestfoods acquisition by launching today a euro 2.25 bn
Euro issue.
 
The issue comprises a euro 1 bn 15 months Floating Rate Note at 3 month
Euribor
+ 10 bp and a euro 1.25 bn 3 year fixed rate bond at a coupon of 53/8%. The
issue will be documented under Unilever's debt issuance programme.
 
Lead managers on the issue are ABN AMRO, Deutsche Bank and HSBC and Co-lead
managers are BNP Paribas, Citibank, Goldman Sachs, IBJ, JP Morgan and UBS
Warburg.
 
Unilever's Group Treasurer Jan Haars commented: 'We are pleased that
following the success of our recent US$ 7 bn Global issue, Unilever has now
successfully launched a benchmark Euro-denominated issue in the eurobond
markets, reinforcing Unilever's historically strong relationship with
eurobond investors. We congratulate the Lead managers on their performance.'
 
Unilever intends to use the euro 2.25 bn, together with proceeds from other
smaller issues we may undertake, to reduce the Acquisition Facility from the
current US$ 8 bn level to US$ 5 bn by year end 2000.