Bazalgette Finance PLC Issue of Debt (5825L)

TIDM38LO TIDMTTM

RNS Number : 5825L

Bazalgette Finance PLC

09 September 2019

Bazalgette Finance plc

9 September 2019

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF ANY APPLICABLE LAWS OR REGULATIONS.

Tideway raises GBP75 million in US Private Placement (USPP) transaction

Bazalgette Finance plc is pleased to announce that Bazalgette Tunnel Limited has signed an agreement with an institutional investor from the US for the placement of GBP75 million notes with maturity date 2041.

The notes are denominated in British Pound Sterling with a semi-annual coupon at a fixed rate of 2.418%.

The placement will fund in September 2021 and will be used for general corporate purposes.

For further information contact:

Investor.relations@tideway.london

Important Notice

The information contained herein does not constitute or form a part of any offer to sell or issue, or the solicitation of any offer to purchase, subscribe for or otherwise acquire, any securities in the United States or in any jurisdiction in which such an offer or solicitation would be unlawful. The notes referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered, sold, resold, pledged, transferred or delivered, directly or indirectly, into or within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There has been and will be no public offer of the notes referred to herein in the United States. Potential users of the information contained herein are required to inform themselves about and observe all applicable restrictions.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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September 09, 2019 02:00 ET (06:00 GMT)

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