8th Feb 2008 09:00
British Sky Broadcasting Group PLC08 February 2008 08 February 2008RNS Number NOT FOR DISTRIBUTION IN THE UNITED STATES Bond Issue British Sky Broadcasting Group plc today announced a private placement withinstitutional investors to raise net proceeds of approximately U.S.$750 millionfrom the issuance of guaranteed notes (the "Notes"). The Notes will be issued byBritish Sky Broadcasting Group plc and will be guaranteed by British SkyBroadcasting Limited, BSkyB Finance UK plc, BSkyB Investments Limited, BSkyBPublications Limited and Sky Subscribers Services Limited. The Notes to beissued consist of U.S.$750 million aggregate principal amount of Notes paying6.10% interest and maturing on 15 February 2018. It is expected that the netproceeds of the offering will be used for general corporate purposes and for therefinancing of maturing debt. The offering is expected to close on or about 15February 2008. The securities referred to in this document have not been, and will not be,registered under the U.S. Securities Act of 1933 (the "Securities Act"), orunder the securities legislation of any state of the United States, and may notbe offered or sold in the United States, other than pursuant to an exemptionfrom, or in a transaction not subject to, the registration requirements of theSecurities Act. The issuer of the Notes does not presently intend to make apublic offer of securities in the United States or to register any securitiesunder the Securities Act. This news release does not constitute an offer to sell or the solicitation of anoffer to buy the Notes. Any offer of the Notes will be made only by means of aprivate offering memorandum. It is expected that a prospectus in respect of the Notes will shortly be filedwith the UK Listing Authority and will be made available to the public inprinted form at the registered office of British Sky Broadcasting Group plc (asset out below), at the offices in London of each of the initial purchasers ofthe Notes and at the offices of the paying agent in London. Address of Issuer British Sky Broadcasting Group plcGrant WayIsleworthMiddlesex TW7 5QD Enquiries:Analysts/Investors: Alison Dolan 020 7705 3623Robert Kingston 020 7705 3726 Press:Robert Fraser 020 7705 3036 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Sky