REG - Whitbread PLC - Issue of Debt

WhitbreadAnnouncement

05/02/2025 17:45

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RNS Number : 0798W  Whitbread PLC  05 February 2025

 

Bond Issue

 

Whitbread Group PLC today announces the successful pricing of £400,000,000
5.50% Guaranteed Notes due 2032, which are expected to be issued on 12
February 2025.

 

The proceeds of the Notes will be used for the general corporate purposes of
the Group, including the refinancing of existing debt.

 

The Notes are unsecured, contain no financial covenants and are expected to be
rated BBB by Fitch Ratings Limited, in line with the Group's current credit
rating. The Notes are expected to be admitted to the FCA Official List and to
trading on the Main Market of the London Stock Exchange on or about 13
February 2025.

 

 

For more information please contact:

 Investor Relations - Whitbread                  investorrelations@whitbread.com (mailto:investorrelations@whitbread.com)
 Peter Reynolds, Director of Investor Relations  peter.reynolds@whitbread.com
 Kirsten O'Reilly, Investor Relations Manager    kirsten.oreilly@whitbread.com (mailto:kirsten.oreilly@whitbread.com)
 Iain Strachan, Group Financial Controller       iain.strachan@whitbread.com (mailto:iain.strachan@whitbread.com)

 

In the United Kingdom (the "UK"), this announcement is addressed to and
directed only at: (i) persons who 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, as amended (the
"Order"); (ii) persons who are high net worth entities falling within Article
49(2)(a) to (d) of the Order; or (iii) other persons to whom they may
otherwise lawfully be communicated (all such persons together being referred
to as "relevant persons"). This announcement must not be acted on or relied on
in the UK by persons who are not relevant persons. Any investment or
investment activity to which this announcement relates is available only to
relevant persons in the UK and will be engaged in only with such persons.

 

The notes have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "Securities Act"), or any state
securities laws, and may not be offered or sold in the United States or to, or
for the account or benefit of, U.S. persons (as defined in Regulation S under
the Securities Act).

A rating is not a recommendation to buy, sell or hold the notes and may be
subject to suspension, reduction or withdrawal at any time.

 

This announcement does not constitute an offer to sell or a solicitation of an
offer to buy securities."

 

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