Wolters Kluwer NV : Wolters Kluwer to Call and Repay €225 Million Perpetual
Cumulative Subordinated Bonds in May 2013
Alphen aan den Rijn (March 22, 2013)- Wolters Kluwer, a global leader in
professional information services, today announced that, it has exercised its
call option and will repay all of the outstanding €225 Million Perpetual
Cumulative Subordinated Bonds (issued in 2001).
Following the settlement of its new ten year €700 million Eurobond with a
coupon of 2.875 per cent, the company will repay all of the outstanding €225
Million Perpetual Cumulative Subordinated Bonds (issued in 2001) with a coupon
of 6.875 per cent. The nominal principal amount of the bonds will be repaid
together with all accrued interest on May 14, 2013, after which the bonds will
be cancelled. Therefore, the listing of these bonds on Euronext Amsterdam will
be terminated as of May 14, 2013.
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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information contained therein.
Source: Wolters Kluwer NV via Thomson Reuters ONE
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