NEW YORK, March 21, 2017 /PRNewswire/ -- Genpact
Limited ("Genpact") (NYSE: G), a global professional services firm
focused on delivering digital transformation for clients, today
announced the pricing by its wholly owned subsidiary, Genpact
Luxembourg S.à r.l. ("Genpact Luxembourg"), of its private offering
(the "Notes Offering") of $350
million aggregate principal amount of 3.700% senior notes
due 2022 (the "Notes"). The Notes will be senior unsecured
obligations of Genpact Luxembourg and will be guaranteed on a
senior unsecured basis by Genpact. Genpact expects the Notes
Offering to close on March 27, 2017,
subject to the satisfaction of customary closing
conditions.
Genpact intends to use the net proceeds from the offering to
repay outstanding loans under its revolving credit facility and for
general corporate purposes, which may include acquisitions and
share repurchases, among other uses.
The Notes will be offered and sold in the United States to qualified institutional
buyers in reliance on the exemption from registration provided by
Rule 144A under the Securities Act of 1933, as amended (the
"Securities Act"), and to certain non-U.S. persons in offshore
transactions in reliance on Regulation S under the Securities
Act. The Notes have not been registered under the Securities
Act or any state securities laws and, unless so registered, may not
be offered or sold in the United
States absent an effective registration statement or an
applicable exemption from registration requirements of the
Securities Act and any applicable state securities laws.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy the Notes, nor shall there be any
offer, solicitation or sale of any Notes in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction.
About Genpact
Genpact (NYSE: G) is a global
professional services firm focused on delivering digital
transformation for our clients, putting digital and data to work to
create competitive advantage. We do this by integrating lean
principles, design thinking, analytics and digital technologies
with our domain and industry expertise to deliver disruptive
business outcomes – an approach we call Lean DigitalSM.
We deliver value to our clients in two ways – through digital-led,
domain-enabled solutions that drive innovation, and through
intelligent operations enabled by digital that design, transform
and run clients' operations. Our approach is continually refined in
the world's largest digital process sandbox, where we test and
improve thousands of processes. For two decades, first as a General
Electric division and since 2005 as an independent company, we have
been passionately serving our clients. We generate impact for
clients from the Fortune Global 500 and beyond, and employ over
75,000 people in more than 20 countries, with key offices in
New York City, Palo Alto,
London, and Delhi.
Cautionary Note Regarding Forward-Looking
Statements
This document contains forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such statements involve
risks, uncertainties and assumptions. If such risks or
uncertainties materialize or such assumptions prove incorrect, the
results of Genpact and its consolidated subsidiaries and Genpact
Luxembourg could differ materially from those expressed or implied
by such forward-looking statements and assumptions. All statements
other than statements of historical fact are statements that could
be deemed forward-looking statements, including any statements
regarding the Notes Offering, statements of the plans, strategies
and objectives of Genpact and Genpact Luxembourg for future
operations; any statements regarding the Notes Offering; any
statements regarding the intended guarantee of the Notes; any
statements regarding the intended repayment of certain of Genpact's
outstanding loans; any other statements of expectation or belief
and any statements of assumptions underlying any of the foregoing.
Other important factors that could cause the statements made in
this document or the actual results of operations or financial
condition of Genpact and Genpact Luxembourg to differ include,
without limitation, that the Notes Offering is subject to market
conditions and a number of other conditions and the final terms may
vary substantially as a result of market and other conditions.
There can be no assurance that the Notes Offering will be completed
as described herein or at all. Risks, uncertainties and assumptions
include the possibility that expected benefits may not materialize
as expected; and other risks that are described in Genpact's SEC
reports, including but not limited to the risks described in
Genpact's Annual Report on Form 10-K for its fiscal year ended
December 31, 2016. Each of Genpact and Genpact Luxembourg
assume no obligation to and do not intend to update these
forward-looking statements.
Contacts:
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Investors
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Roger Sachs,
CFA
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+1 (203)
808-6725
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roger.sachs@genpact.com
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Media
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Gail
Marold
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+1 (919)
345-3899
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gail.marold@genpact.com
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SOURCE Genpact Limited