27th Feb 2014 16:54
ICAP PLC IAP Bond offering
27 February 2014
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN
ICAP Group Holdings plc Announces Successful Bond Offering
London, 27 February 2014 - ICAP Group Holdings plc, a wholly owned subsidiary of ICAP plc (together with its consolidated subsidiaries, the "Group"), announces the successful pricing of €350 million 3.125 per cent bonds due March 2019 ("the Bonds"). The Bonds are to be issued under the Group's £1,000,000,000 Global Medium Term Note Programme, with settlement expected to occur on or about 6 March 2014.
The proceeds will be used principally to refinance the Group's €300 million 7.5% bond which matures in July 2014, and thereby to extend the debt maturity profile of the Group.
Application will be made for the Bonds to be admitted to trading on the London Stock Exchange's Regulated Market and ICAP Securities & Derivatives Exchange's Main Board.
The lead managers were Commerzbank Aktiengesellschaft, Lloyds Bank plc and Merrill Lynch International.
The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan, and shall not constitute an offer to sell or the solicitation of an offer to buy in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or would be unlawful if such offer, solicitation or sale did not fall under an exemption from registration or qualification under the securities laws of any such jurisdiction. In particular, the information in this press release does not constitute an offer for sale within the United States of any security of ICAP Group Holdings plc or any of its affiliates.
Contacts:
Serra Balls | Acting Head of Corporate Communications | Tel: +44 (0) 20 7050 7124 |
Alex Dee | Head of Investor Relations | Tel: +44 (0) 20 7050 7123 |
David Gregg | Director of Treasury | Tel: +44 (0) 20 7000 5339 |
About ICAPICAP is a leading markets operator and provider of post trade risk mitigation and information services. Group companies provide services that match buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information, please go to www.icap.com.
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