Melrose PLC MRO Results of Offer to Purchase Senior Notes

  Melrose PLC (MRO) - Results of Offer to Purchase Senior Notes

RNS Number : 2017P
Melrose PLC
22 October 2012




22 October 2012

                                      

                                 MELROSE PLC



 ELSTER ANNOUNCES RESULTS OF ITS OFFER TO PURCHASE €250 MILLION 6.25% SENIOR
                                NOTES DUE 2018



Melrose PLC's  subsidiary,  Elster Group  SE  ("Elster") today  announced  the 
results of  its  previously  announced  offer  to  purchase  €250  million  in 
aggregate principal amount of  its 6.25% Senior Notes  due 2018 (the  "Notes") 
(Regulation S  Notes:  Common Code  061702750,  ISIN XS0617027502,  Rule  144A 
Notes: Common Code 061702784, ISIN XS0617027841), at a price in cash equal  to 
101% of the aggregate principal amount  of the Notes, plus accrued and  unpaid 
interest up  to, but  not including,  the  date of  purchase (the  "Change  of 
Control Offer"). The Change of Control  Offer was made pursuant to the  change 
of control provisions of the Indenture dated 21 April 2011 (the  "Indenture"), 
under which the Notes were issued.



The Change of Control Offer expired at midnight, New York Time, on 18  October 
2012.



According to information provided by Deutsche Bank AG, London Branch, no Notes
were tendered in the Change of Control Offer.



As previously announced,  Elster intends to  give notice of  its intention  to 
redeem the outstanding €250 million in aggregate principal amount of the Notes
at the applicable makewhole price pursuant  to the Indenture no later than  28 
October 2012. Any such notice may be subject to conditions precedent.



This announcement is for information purposes only and is neither an offer  to 
purchase nor  a solicitation  of an  offer to  buy, sell,  issue or  subscribe 
securities.



                                    -ends-

Enquiries:

M:Communications
Financial PR
Nick Miles/Ann-marie Wilkinson/Andrew Benbow +44 (0)20 7920 2330



                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCBKBDDKBDDDKB -0- Oct/22/2012 14:34 GMT
 
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