ICAP PLC (IAP.LN) said Tuesday its wholly owned subsidiary ICAP Group Holdings PLC has successfully priced EUR300 million 7.5% bonds due July 28, 2014.

MAIN FACTS:

-Bonds to be issued under group's GBP1 billion Global Medium Term Note Programme, with settlement expected on or about July 28.

-Proceeds will be used to refinance GBP135 million term loan taken out in April 2008; to repay drawings under group's GBP473 million revolving credit facility; and to extend debt maturity profile of group.

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
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