Issue of Senior Unsecured Bullet Bonds
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
NATS (En Route) plc
NATS (En Route) plc Issue of GBP 145,000,000 1.750% Senior Unsecured Bullet Bonds due 2033 (the “New Bonds”) to be consolidated and form a single series with the Issuer’s existing GBP 300,000,000 1.750% Senior Unsecured Bullet Bonds due 2033 issued on 6 May 2021 (the “Existing Bonds”)
NOTICE IS HEREBY GIVEN THAT the Issuer has today announced the pricing of a £145,000,000 issue of unsecured bullet bonds due 2033 (the “New Bonds“), such New Bonds to be consolidated and form a single series with the Existing Bonds. The Issuer intends to use the proceeds of the New Bonds for the repayment of existing debt and for general corporate purposes.
The New Bonds and the Existing Bonds will have the same terms and conditions, except in relation to the issue price and the issue date.
Settlement and delivery of the Bonds is expected to take place on or about 14 March 2023.
Please note that nothing in this document is intended to amount to an invitation or inducement to engage in investment activity. Nothing in this document amounts to the giving of advice. If you are in any doubt as to the action you should take, you should consult a professional adviser.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.