Ad hoc: 4finance announces pricing of a new USD 325 million 5 year bond issue

Donnerstag, 13.04.2017 09:45 von DGAP - Aufrufe: 119

DGAP-Ad-hoc: 4finance S.A. / Key word(s): Issue of Debt 4finance announces pricing of a new USD 325 million 5 year bond issue 13-Apr-2017 / 09:39 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.


THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, JAPAN, CANADA, AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE PROHIBITED BY APPLICABLE LAW.

4finance announces pricing of a new USD 325 million 5 year bond issue 13 April 2017. 4finance S.A. (the "Company") today announces the pricing of a new issue of USD 325 million USD Notes due 2022, with a coupon of 10.75%, issued at par. These senior notes have a 5 year maturity with a 2 year non-call period and were offered on a Rule 144A / Reg S basis with ISINs XS1597295838 / XS1597294781 respectively. Closing is expected on 28 April 2017.

The Company also announces the successful result of the parallel tender process for its existing USD 2019 Notes. A total of USD 132 million in notional amount of USD 2019 Notes was validly tendered prior to the early participation deadline. This 66% tender result exceeds the 50% requirement for both the new issue to proceed and the associated consent solicitation to remove certain terms and covenants on the residual USD 2019 Notes, which remain outstanding.

The previously announced conditional call of the Company's SEK 2018 Notes will now also proceed, only subject to closing of the USD 2022 Notes.

For more information, please contact:

4finance Email: investorrelations@4finance.com
James Etherington (Investor Relations) +44 (0)7766 697 950
Guy Middleton (Head of PR) +44 (0)7782 329 663
Instinctif Partners (International Media) Email: 4finance@instinctif.com
Mark Walter / Guy Scarborough Jordan Campbell +44 (0)20 7866 7887

 

These materials are not an offer for sale of securities in the United States. The securities referred to herein may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. The Company has not registered, and does not intend to register, any part of the New Notes in the United States, and has not conducted, and does not intend to conduct, a public offering of the New Notes in the United States.


13-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de


Language: English
Company: 4finance S.A.
9, Allee Scheffer
2520 Luxembourg
Grand Duchy of Luxembourg
E-mail: info@4finance.com
ISIN: XS1417876163, SE0006594412, XS1092320099, XS1094137806,
WKN: A181ZP
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart
 
End of Announcement DGAP News Service

564771  13-Apr-2017 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=564771&application_name=news&site_id=ariva
Werbung

Mehr Nachrichten kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News