Intrum has issued a five year and three months, EUR 75 million senior unsecured fixed rate note (the “Notes”). Application will be made to list the Notes on the Securities Official List of the Luxembourg Stock Exchange. The offering of the Notes is expected to close on December 13, 2019, subject to customary closing conditions. The proceeds will be used to repay certain drawings under Intrum’s revolving credit facility and for general corporate purposes.
For further information, please contact:
Emil Folkesson, Group Treasury Director
+46 8 546 102 02
Viktor Lindeberg, Head of Investor Relations
+46 8 546 102 02/+46 76 897 0708
This release is for informational purposes only and shall not constitute a prospectus or an offer to sell or the solicitation of an offer to buy securities in the United States or any other jurisdiction, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under applicable securities laws.
The Notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws. There will be no offer of the Notes in the United States.
This announcement does not constitute and shall not, in any circumstances, constitute a public offering nor an invitation to the public in connection with any offer within the meaning of the Regulation (EU) 2017/1129 (as amended), and any relevant implementing measure in the relevant Member State of the European Economic Area (the “Prospectus Regulation”). The offer and sale of the Notes will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.
This press release may include “forward looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Given these risks and uncertainties, you should not rely on forward looking statements as a prediction of actual results.
This information was submitted for publication, through the agency of the contact person set out above, at 16.30 CET on 2019-12-09.