Wolters Kluwer Successfully Prices a New Ten Year EU400 Million Eurobond
08 May 2014 - 1:02AM
Wolters Kluwer, a global leader in
professional information services , announced
today that it has successfully launched and priced a new ten year
€400 million Eurobond. The bonds have been priced at an issue price
of 99.164 per cent and will carry an annual coupon of 2.500 per
cent. Settlement date has been set at May 12, 2014. The bonds were
placed with a broad range of institutional investors across
Europe.
The senior, unsecured bonds will mature on May 13, 2024. The net
proceeds of the bonds will be used to refinance existing debt and
for general corporate purposes.
BofA Merrill Lynch, Citigroup, Deutsche Bank and ING acted as
joint lead managers for this issue. The bonds will be listed on the
Official List of the Luxembourg Stock Exchange.
About Wolters Kluwer
Wolters Kluwer is a global leader in professional information
services. Professionals in the areas of legal, business, tax,
accounting, finance, audit, risk, compliance and healthcare rely on
Wolters Kluwer's market leading information-enabled tools and
software solutions to manage their business efficiently, deliver
results to their clients, and succeed in an ever more dynamic
world.
Wolters Kluwer reported 2013 annual revenues of €3.6 billion.
The group serves customers in over 150 countries, and employs over
19,000 people worldwide. The company is headquartered in Alphen aan
den Rijn, the Netherlands.
Wolters Kluwer shares are listed on NYSE Euronext Amsterdam
(WKL) and are included in the AEX and Euronext 100 indices. Wolters
Kluwer has a sponsored Level 1 American Depositary Receipt program.
The ADRs are traded on the over-the-counter market in the U.S.
(WTKWY).
For more information about our products and organization, visit
www.wolterskluwer.com, follow @Wolters_Kluwer on Twitter, or search
for Wolters Kluwer videos on YouTube.
Media |
Investors/Analysts |
Caroline Wouters |
Meg Geldens |
Corporate Communications
|
Investor Relations |
t + 31 (0)653 328 879 |
t + 31 (0)172 641 407 |
press@wolterskluwer.com |
ir@wolterskluwer.com |
Forward-looking Statements
This 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.
PDF version of Press Release
http://hugin.info/130682/R/1783512/610800.pdf
HUG#1783512
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