Rentokil Initial PLC Issue of new EUR400m bond (7698W)
November 17 2017 - 2:00AM
UK Regulatory
TIDMRTO
RNS Number : 7698W
Rentokil Initial PLC
17 November 2017
17 November 2017
Rentokil Initial plc
Issue of new EUR400m bond
Rentokil Initial plc (FTSE: RTO) (the "Company") has agreed the
issue of a EUR400 million 0.95% bond due 22 November 2024.
Part of the proceeds will be swapped into dollars in line with
the company's hedging strategy and will be used for general
corporate purposes, including the repayment of the company's
GBP200m and EUR157m term loans that were due to mature in 2018.
Jeremy Townsend, Chief Financial Officer of Rentokil Initial
plc, said: "I am delighted by the success of this issue, which
secures a significant amount of our longer term financing needs at
an attractive coupon."
For further information please contact:
Rentokil Initial plc
Katharine 07811 270
Investors Rycroft 734
Malcolm 07788 978
Media Padley 199
Notes to editors:
Rentokil Initial
Rentokil Initial plc is one of the largest business services
companies in the world, operating in 70 countries and employing
35,500 colleagues. The Company offers route-based services,
primarily in Pest Control and Hygiene, through teams of local
experts. Rentokil is the world's largest commercial pest control
company.
For more information, visit www.rentokil-initial.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IODKQLFFDFFLFBL
(END) Dow Jones Newswires
November 17, 2017 02:00 ET (07:00 GMT)
Rentokil Initial (LSE:RTO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Rentokil Initial (LSE:RTO)
Historical Stock Chart
From Apr 2023 to Apr 2024