Wolters Kluwer Successfully Prices €500 Million 7-Year Eurobond
March 23 2021 - 1:30PM
Wolters Kluwer Successfully Prices €500 Million 7-Year Eurobond
Wolters Kluwer Successfully Prices €500
Million 7-Year Eurobond
March 23, 2021 - Wolters Kluwer, a global leader in
professional information, software solutions, and services
announced today that it has successfully priced a new €500 million
7-year senior unsecured Eurobond.
The bonds were sold at an issue price of 99.958 per cent and
carry an annual coupon of 0.250 per cent. The settlement date has
been set at March 30, 2021. The securities were placed with a broad
range of institutional investors across Europe.
The senior unsecured bonds will mature on March 30, 2028. The
notes are expected to be rated BBB+ by S&P. 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.
ABN AMRO, Barclays, ING and Rabobank acted as bookrunners. The
bonds will be listed on the Official List of the Luxembourg Stock
Exchange.
Media
Investors/AnalystsGerbert van Genderen Stort
Meg GeldensGlobal
Branding & Communications
Investor Relationst + 31
(0)172 641 230
t + 31 (0)172 641
407press@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 technology and services.
Wolters Kluwer reported 2020 annual revenues of €4.6 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 19,200
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.
- 2021.03.23 Wolters Kluwer Successfully Prices €500 Million
7-Year Eurobond
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