Avolta prices EUR 500 million of senior notes
- Avolta prices EUR 500 million of senior notes due 2031 at 4.750% interest.
- Proceeds to refinance outstanding Senior Notes due 2024.
- Notes to be admitted to The International Stock Exchange, sold to non-U.S. persons.
Avolta AG / Key word(s): Miscellaneous Avolta today priced an offering of EUR 500 million aggregate principal amount of 4.750% Senior Notes due 2031 (the “Notes”). Interest will be payable semi-annually in arrears. Proceeds from the offering are expected to be used to refinance a portion of Avolta’s outstanding Senior Notes due 2024. |
It is expected that the Notes will be admitted to the Official List of The International Stock Exchange. The Notes will be offered and sold only to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended (the “Securities Act”).
Important Notices
This media release is for information purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The securities
discussed in this media release have not been and will not be registered under the Securities Act, and may not be offered or sold in the United States absent registration or an applicable
exemption from the registration requirements of the Securities Act. Avolta has no intention to register any portion of the offering of these securities under the Securities Act.
Information in this press release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and
uncertainties. All forward-looking statements included in this release are based on information available to Avolta AG as of the date of this press release, and we assume no duty to update any
such forward-looking statements.
The Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area
(“EEA”). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of the Insurance Distribution Directive
2014/65/EU (“MiFID II”); (ii) a customer within the meaning of Directive (EU) 2016/97, as amended, where that customer would not qualify as a professional client as defined in point (10) of
Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) No. 2017/1129 (as amended, the “Prospectus Regulation”). Consequently, no key information document
required by Regulation (EU) No. 1286/2014, as amended (the “EU PRIIPs Regulation”), for offering or selling the Notes or otherwise making them available to retail investors in the EEA has been
prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the EU PRIIPs Regulation.