22nd Jan 2010 14:06
news release
Bond Issuance
22 January 2010 ─ Experian plc, the global information services company, announces that its subsidiary, Experian Finance plc, has priced an issue of €500m 4.75% bonds due 2020, rated BBB+/Baa1.
The bonds will be issued by Experian Finance plc under the terms of its Euro Medium Term Note Programme, which is guaranteed by Experian plc. The proceeds will be swapped into US dollars and will be used to repay US dollar drawings under the Group's principal bank facilities.
This bond issue enables the Group to extend the maturity of its debt portfolio and diversify its funding sources.
Contact:
Experian
Antony Barnes Group Treasurer +44 (0) 20 3042 4215
About Experian Experian is the leading global information services company, providing data and analytical tools to clients in more than 65 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft. Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2009 was $3.9 billion. Experian employs approximately 15,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; Costa Mesa, California; and São Paulo, Brazil. For more information, visit http://www.experianplc.com.
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