28th Oct 2010 07:04
28 October 2010 UBM prices US$350m corporate bond
United Business Media Limited (UBM) , rated Baa3 (stable) by Moody's and BBB- (stable) by Standard & Poors announces the pricing of an offering of $350 million of 5.75% 10-year Notes due 3 November 2020. The Notes were priced at 98.295% to yield 5.979%.
Subject to customary conditions, the offering is expected to close on 3 November 2010. The bonds are expected to be listed on the Global Exchange Market of the Irish Stock Exchange.
- Ends - ContactsMedia
Peter Bancroft Director of Communications
E-mail [email protected]
Direct telephone +44 20 7921 5961
Chris Barrie Citigate Dewe Rogerson
E-mail [email protected] telephone +44 20 7282 2943
Mobile +44 796 872 72 89
Analysts/Investors
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Direct telephone +44 20 7921 5095
Notes to Editors
1. UBM
UBM is a leading global provider of events; data, marketing and information products; print products; and targeting, distribution and monitoring services to specialist business communities. Our 5,800 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them and their markets to work effectively and efficiently.
For more information, go to www.ubm.com
This announcement does not contain or constitute an offer to sell or a solicitation of an offer to purchase any securities in the United States, United Kingdom, Canada, Australia, South Africa or Japan. This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The securities (the "Securities") to be issued by United Business Media Limited may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")) unless registered under the Securities Act or pursuant to an exemption from such registration. The Securities have not been nor will be registered under the Securities Act. There will be no public offer of the Securities in the United States.
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