Successful EUR600m 8-year bond transaction priced

RNS Number : 4435B
Rentokil Initial PLC
08 October 2020
 

 

 

8 October 2020

 

Rentokil Initial plc ("Rentokil Initial")

 

Successful EUR600m 8-year bond transaction priced

 

 

Rentokil Initial (FTSE100: RTO, "the Company"), today confirms the issue of a EUR 600m 8-year bond.  The bond was priced at 0.50%, the Company's lowest ever coupon. 

 

The issue will refinance the EUR 350m 3.25% bond which matures in October 2021, and will be used for general corporate purposes.

 

The bond will be issued by Rentokil Initial Plc, under the terms of its euro medium-term note programme.

 

 

 

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Enquiries:

Investors / Analysts:

Katharine Rycroft

Rentokil Initial plc

07811 270734

Media:

Malcolm Padley

Rentokil Initial plc

07788 978199

 

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