12th Jun 2013 16:33
Wm Morrison Supermarkets Plc
12th June 2013
Wm Morrison Supermarkets Plc announces launch of a seven year Euro Bond
Wm Morrison Supermarkets Plc (the "Company") has today successfully launched a €700 million seven year Euro bond issue (the "Bond"). The Bond is expected to be issued on 19th June 2013 with a coupon of 2.25 per cent payable annually and a bullet repayment on 19th June 2020. The joint bookrunners for the issue are Barclays Bank PLC, Lloyds TSB Bank plc and Mitsubishi UFJ Securities International plc.
The proceeds of the Bond will be used for general corporate purposes. The Bond will extend the average maturity of the Company's remaining debt, reduce its reliance on bank financing and diversify and strengthen its overall funding structure.
This notice does not constitute an offer of securities for sale in the United States or any other jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registration. The securities described in this notice are not being offered or sold in the United States.
Enquiries:
Paul Coyle
Group Treasurer
0845 611 5772
Niall Addison
Investor Relations Director
07764 624701
Richard Taylor
Corporate Affairs & Communications Director
0845 611 6912
ENDS
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