22nd Jul 2026 07:00
22 July 2026
Capita plc (Capita)
Statement re US Private Placement Notes
US Private Placement Notes
Capita is pleased to announce that it has issued notes of $55m (in aggregate £41m, net of swaps) through an issue of unsecured senior notes in the US Private Placement market with a three-year maturity at an annual GBP coupon of 7.54 per cent. The proceeds will be used to refinance existing debt and for general corporate purposes.
Covenant Amendment
Alongside the note issuance, Capita has completed an amendment to the interest cover ratio covenant on the existing US Private Placement notes, to align with the recently announced revolving credit facility and the new US Private Placement issuance, which has now been set within a range of 3.0x to 3.5x. The amendments enhance consistency across the Group's debt facilities and provide additional flexibility, through the Group’s transformation journey.
Further details will be provided in the H1 results on 4 August 2026.
For more information, please contact:
Investor enquiries:Helen ParrisDirector of Investor RelationsEmail: [email protected]
Stephanie LittleHead of Investor Relations Email: [email protected]
Media enquiriesEmail: [email protected]
About Capita plc
Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across eight countries supporting primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society - our work matters to the lives of the millions of people who rely on us every day.
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