Wolters Kluwer NV : Wolters Kluwer Successfully Prices a New Ten Year €700
Million Benchmark Eurobond
Alphen aan den Rijn (March 14, 2013) - Wolters Kluwer, a market-leading global
information services company focused on professionals, announced today that it
has successfully launched and priced a new ten year €700 million benchmark
Eurobond offering following a three-day pan-European debt investor roadshow.
The bonds have been priced at an issue price of 99.709 per cent and will carry
an annual coupon of 2.875 per cent. Settlement date has been set at March 21,
2013. The bonds were placed with a broad range of institutional investors
The senior, unsecured bonds will mature on March 21, 2023. The net proceeds of
the issue of the bonds will be applied by Wolters Kluwer for general corporate
purposes, including refinancing of existing debt. Conditional upon settlement
of the transaction, the company intends to exercise a call option on its €225
million perpetual cumulative subordinated bonds in 2013.
ABN AMRO, Barclays, Rabobank International, and The Royal Bank of Scotland
acted as joint lead managers for this issue. The bonds will be listed on the
Official List of the Luxembourg Stock Exchange.
About Wolters Kluwer
Wolters Kluwer is a leading global information services and solutions company.
It provides information, software, and services that help legal, tax, finance,
and healthcare professionals make their most critical decisions effectively
and with confidence. Customers depend on Wolters Kluwer services and solutions
to successfully move through the complex layers of data and regulation that
define modern business and government.
Wolters Kluwer had 2012 annual revenues of €3.6 billion. The group employs
over 19,000 people worldwide and maintains operations in over 40 countries
across Europe, North America, Asia Pacific, and Latin America. The company is
headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares
are quoted on Euronext Amsterdam (symbol: WKL) and are included in the AEX and
Euronext 100 indices.
Visit our website, YouTube, follow @Wolters_Kluwer on Twitter, or look up
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market positions, brands, and organization.
This press release contains forward-looking statements. These statements may
be identified by words such as "expect", "should", "could", "shall" and
similar expressions. Wolters Kluwer cautions that such forward-looking
statements are qualified by certain risks and uncertainties that could cause
actual results and events to differ materially from what is contemplated by
the forward-looking statements. Factors which could cause actual results to
differ from these forward-looking statements may include, without limitation,
general economic conditions; conditions in the markets in which Wolters Kluwer
is engaged; behavior of customers, suppliers, and competitors; technological
developments; the implementation and execution of new ICT systems or
outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's
businesses, as well as risks related to mergers, acquisitions, and
divestments. In addition, financial risks such as currency movements, interest
rate fluctuations, liquidity, and credit risks could influence future results.
The foregoing list of factors should not be construed as exhaustive. Wolters
Kluwer disclaims any intention or obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
Contact: Media Investors/Analysts
Caroline Wouters Meg Geldens
+ 31 (0)172 641 459 + 31 (0)172 641 407
PDF version of Press Release
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Source: Wolters Kluwer NV via Thomson Reuters ONE
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