CyrusOne Inc. Announces Public Offering of Euro Denominated Senior Notes
January 15 2020 - 03:42AM
Business Wire
CyrusOne Inc. (NASDAQ: CONE) (the “Company”) announced today
that its operating partnership, CyrusOne LP (the “Operating
Partnership”), and a wholly owned subsidiary of the Operating
Partnership, CyrusOne Finance Corp. (together with the Operating
Partnership, the “Issuers”), intend to offer Euro denominated
senior notes due 2027 (the “Notes”) in a registered public
offering, subject to market and other conditions. The Notes will be
guaranteed by the Company.
Barclays Bank PLC, Merrill Lynch International and Deutsche Bank
AG, London Branch are acting as lead joint book-running managers
for the offering.
The Issuers intend to use the net proceeds from this offering to
settle certain currency swaps, repay some Euro denominated revolver
borrowings and for general corporate purposes, including financing
some of the Company’s development activities in Europe.
This news release does not constitute an offer to sell, or the
solicitation of an offer to buy, any securities, nor shall there be
any sale of securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
The offering is being made under an automatic shelf registration
statement on Form S-3 filed by the Company with the Securities and
Exchange Commission (the “SEC”) and only by means of a prospectus
supplement and accompanying prospectus. An investor may obtain free
copies of the preliminary prospectus supplement and accompanying
prospectus related to the offering by visiting EDGAR on the SEC
website, www.sec.gov, or by contacting: Barclays Bank PLC, 5 The
North Colonnade, Canary Wharf, London E14 4BB, United Kingdom,
Attn: Debt Syndicate, Telephone: +1 (888)-603-5847; Merrill Lynch
International, 2 King Edward Street, London EC1A 1HQ, United
Kingdom, Attn: Prospectus Department, Telephone: +1-800-294-1322;
Deutsche Bank AG, London Branch, Winchester House, 1 Great
Winchester Street, London EC2N 2DB, United Kingdom, Attn:
Prospectus Department, Telephone: +1-800-503-4611.
Safe Harbor Note
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
The Company intends such forward-looking statements to be covered
by the safe harbor provisions for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995
and includes this statement for purposes of complying with these
safe harbor provisions. All statements, other than statements of
historical facts, are statements that could be deemed forward-
looking statements. These statements are based on current
expectations, estimates, forecasts, and projections about the
industries in which the Company operates and the beliefs and
assumptions of the Company’s management. Words such as “expects,”
“anticipates,” “predicts,” “projects,” “intends,” “plans,”
“believes,” “seeks,” “estimates,” “continues,” “endeavors,”
“strives,” “may,” variations of such words and similar expressions
are intended to identify such forward-looking statements. In
addition, any statements that refer to projections of the Company’s
future financial performance, the Company’s anticipated growth and
trends in the Company’s businesses, and other characterizations of
future events or circumstances are forward-looking statements.
Readers are cautioned these forward-looking statements are based on
current expectations and assumptions that are subject to risks and
uncertainties, which could cause the Company’s actual results to
differ materially and adversely from those reflected in the
forward-looking statements. Factors that could cause or contribute
to such differences include, but are not limited to, those
discussed in this release and those discussed in other documents
the Company files with the SEC. More information on potential risks
and uncertainties is available in the Company’s recent filings with
the SEC, including the Company’s Form 10-K report, Form 10-Q
reports, and Form 8-K reports. The Company disclaims any obligation
other than as required by law to publicly update or revise any
forward-looking statement to reflect changes in underlying
assumptions or factors or for new information, data or methods,
future events or other changes.
About CyrusOne
CyrusOne (NASDAQ: CONE) is a real estate investment trust (REIT)
specializing in highly reliable enterprise-class, carrier-neutral
data center properties. CyrusOne provides mission-critical data
center facilities that protect and ensure the continued operation
of IT infrastructure for approximately 1,000 customers, including
more than 200 Fortune 1000 companies.
With a track record of meeting and surpassing the aggressive
speed-to-market demands of hyperscale cloud providers, as well as
the expanding IT infrastructure requirements of the enterprise,
CyrusOne provides the flexibility, reliability, security, and
connectivity that foster business growth.
CyrusOne offers a tailored, customer service-focused platform
and is committed to full transparency in communication, management,
and service delivery throughout its nearly 50 data centers
worldwide.
This announcement is directed only at persons (i) outside the
United Kingdom; (ii) that have professional experience in matters
relating to investments falling within Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the “Order”); or (iii) falling within Article 49(2)(a) to (d)
(“high net worth companies, unincorporated associations etc.”) of
the Order (all such persons together being referred to as “relevant
persons”). This announcement must not be acted on or relied on by
persons who are not relevant persons. Any investment or investment
activity to which this announcement relates is available only to
relevant persons and will be engaged in only with relevant
persons.
MiFID II professionals/ECPs only/No PRIIPs KID – Manufacturer
target market (MIFID II product governance) is eligible
counterparties and professional clients only (all distribution
channels). No PRIIPs key information document has been prepared as
not available to retail in EEA.
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version on businesswire.com: https://www.businesswire.com/news/home/20200115005305/en/
Investor Relations Michael Schafer Vice President,
Capital Markets & Investor Relations 972-350-0060
investorrelations@cyrusone.com
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