REG - WPP PLC - WPP successfully prices €1,000m bond issuance

WPPAnnouncement

02/12/2025 16:30

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RNS Number : 9458J  WPP PLC  02 December 2025

 For Immediate Release  2 December 2025

WPP plc ("WPP" or the "Company")

 

WPP successfully prices €1,000 million bond issuance

 

WPP (LSE/NYSE: WPP) today announces that it has successfully priced a €1,000
million, 5.5-year senior unsecured fixed-rate RegS bond issuance. The bonds
will carry an annual coupon of 3.625% and are expected to be rated "BBB" by
S&P and "Baa2" by Moody's.

 

The transaction garnered significant interest and demand, with a total order
book exceeding €2.9 billion from a diverse array of institutional investors.
This robust oversubscription of 2.9 times underscores investor confidence in
WPP's credit profile and leading market position. WPP intends to use the net
proceeds from the offering to fund general corporate purposes, including the
refinancing of existing indebtedness as WPP continues its prudent capital
allocation and financing strategy.

 

BNP Paribas, Citi, HSBC, NatWest and SMBC led the transaction as Joint Lead
Bookrunners.

 

For further information:

WPP Communications

press@wpp.com (mailto:press@wpp.com)

About WPP

WPP is the creative transformation company. We use the power of creativity to
build better futures for our people, planet, clients and communities. For more
information, visit www.wpp.com (http://www.wpp.com/) .

 

This announcement is for information purposes only and does not constitute, or
form part of, an offer to sell or a solicitation of an offer to buy any
securities in any jurisdiction.

 

The information contained in the Offering Circular dated 15 May 2025 in
respect of WPP's EUR 6,000,000,000 Euro Medium Term Note Programme (as
supplemented, the Offering Circular) and the Pricing Supplement (when
published), may be addressed to and/or targeted at persons who are residents
of particular countries (specified in the Offering Circular and the Pricing
Supplement) only and is not intended for use and should not be relied upon by
any person outside these countries and/or to whom the Offering Circular and
the Pricing Supplement are not addressed. Prior to relying on the information
contained in the Offering Circular you must ascertain from Offering Circular
and the Pricing Supplement whether or not you are part of the intended
addressees of the information contained therein.

 

Neither this announcement nor the Offering Circular constitute an offer of
securities for sale in the United States. The securities described in the
Offering Circular have not been, and will not be, registered under the U.S.
Securities Act of 1933, as amended, or under any relevant securities laws of
any state of the United States of America and may not be offered, sold or
delivered in the United States of America or to, or for the account of or
benefit of, U.S. Persons, subject to certain limited exemptions.

 

 

ENDS

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