Plc and N.V. ('NWR' or the 'Company') jointly announce the pricing of EUR 275 million senior notes due 2021 (the 'Notes').
The Notes will be issued at par with a coupon of 7.875%. Closing of the issuance of the Notes is expected to occur on 23 January 2013.
The net proceeds of the Offering will be used to repay in full the outstanding amounts under NWR's EUR 258 million principal amount of senior notes due 2015 (the '2015 Notes'), and for fees, expenses and general corporate purposes.
The Company's 2015 Notes are callable at 101.844% of par, plus accrued and unpaid interest. (90,8 CZK, 2,02%) plans to issue a call notice for its 2015 Notes upon the closing of the Offering.
N.V. is the issuing entity of the Notes and it will apply to list the Notes on the Official List of the Irish Stock Exchange and to admit the Notes for trading on the Global Exchange Market of the Irish Stock Exchange.
This document is for information purposes only and does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or in any other jurisdiction.