Wolters Kluwer Successfully Prices €500 Million 10-Year Eurobond
June 26 2020 - 11:00AM
Wolters Kluwer Successfully Prices €500
Million 10-Year Eurobond
June 26, 2020 - Wolters Kluwer, a global leader in
professional information, software solutions, and services
announced today that it has successfully priced a new €500
million 10-year senior unsecured Eurobond.
The bonds were sold at an issue price of 99.292 per cent and
carry an annual coupon of 0.750 per cent. The settlement date has
been set at July 3,2020. The securities were placed with a broad
range of institutional investors across Europe.
The senior unsecured bonds will mature on July 3, 2030. The
notes are expected to be rated Baa1 by Moody’s. The net proceeds of
the offering will be used for general corporate purposes. The new
bond provides financing at an attractive rate and will extend the
company’s debt maturity profile.
Banca IMI, Bank of America, Citi, and Deutsche Bank acted as
bookrunners. The bonds will be listed on the Official List of the
Luxembourg Stock Exchange.
Media
Investors/AnalystsAnnemarije Dérogée-Pikaar
Meg GeldensGlobal Branding &
Communications
Investor Relationst + 31 (0)172 641 470
t + 31
(0)172 641 407
press@wolterskluwer.com
ir@wolterskluwer.com
About Wolters KluwerWolters Kluwer (WKL)
is a global leader in professional information, software solutions,
and services for the healthcare; tax and accounting; governance,
risk and compliance; and legal and regulatory sectors. We help our
customers make critical decisions every day by providing expert
solutions that combine deep domain knowledge with specialized
technology and services.
Wolters Kluwer reported 2019 annual revenues of €4.6 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 19,000
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and
are included in the AEX and Euronext 100 indices. Wolters Kluwer
has a sponsored Level 1 American Depositary Receipt (ADR) program.
The ADRs are traded on the over-the-counter market in the U.S.
(WTKWY).
For more information, visit www.wolterskluwer.com, follow us on
Twitter, Facebook, LinkedIn, and YouTube.
Forward-looking Statements and Other Important Legal
InformationThis report contains forward-looking statements.
These statements may be identified by words such as “expect”,
“should”, “could”, “shall” and similar expressions. Wolters Kluwer
cautions that such forward-looking statements are qualified by
certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the
forward-looking statements. Factors which could cause actual
results to differ from these forward-looking statements may
include, without limitation, general economic conditions;
conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological
developments; the implementation and execution of new ICT systems
or outsourcing; and legal, tax, and regulatory rules affecting
Wolters Kluwer’s businesses, as well as risks related to mergers,
acquisitions, and divestments. In addition, financial risks such as
currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of
factors should not be construed as exhaustive. Wolters Kluwer
disclaims any intention or obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
- 2020.06.26 Wolters Kluwer Successfully Prices €500 Million
10-Year Eurobond
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