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F&C Asset Management (FCAM)

  Print          Annual reports

Tuesday 21 September, 2010

F&C Asset Management

Issue of Prospectus - F&C Fin

RNS Number : 0738T
F&C Asset Management PLC
21 September 2010
 



 

To:              London Stock Exchange

Attention:     RNS

From:           F&C Finance plc ("F&C Finance") and F&C Asset Management plc

Date:           21 September 2010

 

£20,000,000 9.00 per cent. Guaranteed Notes due 2016

(to be consolidated and form a single series with the outstanding £129,711,000 9.00 per cent. Guaranteed Notes due 2016 issued on 17 September 2009)

 

F&C Finance plc has today published a prospectus (the "Prospectus") in relation to £20,000,000 9.00 per cent. Guaranteed Notes due 2016 (the "Notes") (to be consolidated and form a single series with the outstanding £129,711,000 9.00 per cent. Guaranteed Notes due 2016 issued by F&C Finance on 17 September 2009). The Notes will be guaranteed by F&C Asset Management plc.

 

The net proceeds of the issue of the Notes, which are estimated to amount to approximately £21,066,027.40, will be used by F&C Finance for the purposes of (i) refinancing a £15 million bridging facility provided to F&C Asset Management plc to partially fund the acquisition of the Thames River Capital Group, a London-based asset management business that provides specialist products and services to wholesale and wealth management clients, and/or (ii) partially refinancing the temporary intra-group funding used to redeem, on 30 June 2010, the £10 million then outstanding principal amount of £35 million floating rate secured notes due 2010 issued by F&C Asset Management plc, and/or (iii) general corporate purposes.

 

The Prospectus has been approved by the UK Listing Authority and is now available for viewing. To view the full document, please paste the following URL into the address bar of your browser.

 

http://www.rns-pdf.londonstockexchange.com/rns/0738T_-2010-9-21.pdf

 

 

DISCLAIMER  

 

The distribution of the Prospectus in certain jurisdictions may be restricted by law. F&C Finance does not represent that the Prospectus may be lawfully distributed, or that the Notes may be lawfully offered, in compliance with any applicable registration or other requirements in any such jurisdiction, or pursuant to an exemption available thereunder, or assumes any responsibility for facilitating any such distribution or offering. In particular, no action has been taken by F&C Finance which would permit a public offering of the Notes or distribution of the Prospectus in any jurisdiction where action for that purpose is required. Accordingly, the Notes may not be offered or sold, directly or indirectly, and neither the Prospectus nor any advertisement or other offering material may be distributed or published in any jurisdiction, except under circumstances that will result in compliance with any applicable laws and regulations. Persons into whose possession the Prospectus comes are required to inform themselves about, and to observe, any applicable restrictions.

 

This information is provided by RNS

The company news service from the London Stock Exchange


This information is provided by RNS
The company news service from the London Stock Exchange
 
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