Copenhagen, 2014-11-24 20:17 CET (GLOBE NEWSWIRE) --
No. 27/2014
NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA.
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
ISS Global A/S has today successfully priced an issuance of EUR bonds for a principal amount of EUR 1.2bn.
The notes are to be issued in two tranches of EUR 700m in 5 years maturing 9/1-2020 with a coupon of 1.125% and EUR 500m in 10 years maturing 2/12-2024 with a coupon of 2.125%.
The notes will be issued under the company’s EUR 2bn European Medium Term Note (EMTN) programme, and will be listed on the Luxembourg Stock Exchange.
The proceeds of the offering will be used to repay the existing 2017 Term Loan A facility under the Senior Unsecured financing.
“We are very pleased with the strong support from investors regarding the issue of EUR notes today. By issuing EMTN bonds we have optimised our debt structure through a more diversified split between bank and bond debt and at the same time increased tenors at slightly reduced interest costs,“ said Heine Dalsgaard, Group CFO.
Barclays, Danske Bank, Goldman Sachs International, HSBC and Nordea acted as joint lead manager for the bookbuilding process.
For media enquiries
Manuel Vigilius, Global Media Relations Manager, +45 38 17 64 04
For investor enquiries
Martin Kjær Hansen, Investor Relations Manager, +45 38 17 64 31
Barbara Plucnar Jensen, Head of Group Treasury, +45 38 17 62 60
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION TO AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF THE SECURITIES REFERRED TO HEREIN, IN OR INTO ANY JURISDICTION WHERE SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. ANY DECISION TO INVEST IN THE SECURITIES REFERRED TO HEREIN MUST BE MADE SOLELY ON THE BASIS OF THE PROSPECTUS PUBLISHED ON 12 NOVEMBER 2014, AS AMENDED OR SUPPLEMENTED FROM TIME TO TIME.
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED IN REGULATION S) UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (the “SECURITIES ACT”). THE SECURITIES DESCRIBED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS EXCEPT IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT OR PERSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENT OF THE SECURITIES ACT.
THIS ANNOUNCEMENT IS ONLY DIRECTED TO PERSONS WHO ARE: (I) OUTSIDE THE UNITED KINGDOM; (II) INVESTMENT PROFESSIONALS FALLING WITHIN ARETICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION ORDER) 2005 (THE ORDER); (III) PERSONS FALLING WITHIN THE ARTICLE 49(2)(A) TO (D) ("HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS ETC") OF THE ORDER, OR (IV) ANY OTHER PERSON TO WHOM THIS INFORMATION MAY OTHERWISE LAWFULLY BE COMMUNICATED (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS RELEVANT PERSONS). THE SECURITIES DESCRIBED HEREIN ARE AVAILABLE ONLY TO RELEVANT PERSONS AND WILL NOT AND MAY NOT BE OFFERED OR SOLD IN CIRCUMSTANCES WHICH RESULT IN AN OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC IN THE UNITED KINGDOM. ANY PERSONS WHO IS NOT A RELEVANT PERSON SHOULD NOT ACT OR RELY ON THIS ANNOUNCEMENT OR ANY OF ITS CONTENT IN RELATION TO THE SECURITIES.
WITH RESPECT TO THE MEMBER STATES OF THE EUROPEAN ECONOMIC AREA WHICH HAVE IMPLEMENTED DIRECTIVE 2003/71/EC AS AMENDED (TOGETHER WITH ANY APPLICABLE IMPLEMENTING MEASURES IN ANY MEMBER STATE, THE "PROSPECTUS DIRECTIVE") (EACH A "RELEVANT MEMBER STATE"), NO ACTION HAS BEEN UNDERTAKEN OR WILL BE UNDERTAKEN TO MAKE AN OFFER TO THE PUBLIC OF THE SECURITIES REFERRED TO HEREIN REQUIRING A PUBLICATION OF A PROSPECTUS IN ANY RELEVANT MEMBER STATE. AS A RESULT, THESE SECURITIES MAY ONLY BE OFFERED OR SOLD IN ANY RELEVANT MEMBER STATE PURSUANT TO AN EXEMPTION UNDER THE PROSPECTUS DIRECTIVE. THIS ANNOUNCEMENT IS ONLY ADDRESSED TO, AND DIRECTED AT, PERSONS IN MEMBER STATES OF THE EUROPEAN ECONOMIC AREA WHO ARE "QUALIFIED INVESTORS" WITHIN THE MEANING OF ARTICLE 2(1)(E) OF THE PROSPECTUS DIRECTIVE ("QUALIFIED INVESTORS"). IN DENMARK, THIS ANNOUNCEMENT IS DIRECTED ONLY AT PERSONS WHO ARE QUALIFIED INVESTORS.
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About ISS The ISS Group was founded in Copenhagen in 1901 and has grown to become one of the world’s leading Facility Services companies. ISS offers a wide range of services such as: Cleaning, Catering, Security, Property and Support Services as well as Facility Management. Global revenue amounted to DKK 78.5 billion in 2013 and ISS has approximately 520,000 employees and local operations in more than 50 countries across Europe, Asia, North America, Latin America and Pacific, serving thousands of both public and private sector customers. For more information on the ISS Group, visit www.issworld.com. |
ISS A/S, ISIN DK 0060542181,
ISS Global A/S, ISIN XS0206714247
