23rd Jan 2006 16:19
Kesa Electricals plc23 January 2006 23 January 2006 KESA Electricals plc ("Kesa") has today announced that it plans to consider anunrated Euro-denominated bond issue to be issued by Kesa International plc andguaranteed by Kesa and Kesa Holdings Limited to be issued following an investorroadshow and subject to market conditions. To this effect, Kesa has mandated Barclays Capital, BNP Paribas and JPMorganCazenove to organise investor presentations in Europe and the UK, beginning onthe 30th January. Any issue would be used to redeem existing indebtedness and for generalcorporate purposes and is an important step towards broadening Kesa's financingbase and extending the company's debt maturity profile. FSA / IPMA stabilisation. Enquiries: AnalystsSimon Ward +44 (0) 20 7269 1400 MediaAnnabel Donaldson +44 (0) 20 7269 1400 Editors' notes: KESA Electricals is a specialist electrical retailer. It employs more than28,000 people and trades in 9 countries and has an ongoing turnover ofapproximately £4 billion. KESA Electricals is a member of the FTSE 250. Itsordinary shares are listed with the UK Listing Authority and trade on the marketfor listed securities on the London Stock Exchange under the symbol KESA.L. Itis also listed on the Premier Marche of the Paris Stock Exchange. For furtherinformation, visit Kesa's website at www.kesaelectricals.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
DRTY.L