Business
Announcement
Announcement.
About this update from Hikma Pharmaceuticals Plc
[{"type":"text","content":"\n \nRNS Number : 7220X Hikma Pharmaceuticals Plc 28 November 2017 \n\nStock Exchange Announcement\n \n \n\n\n\n\nFor immediate release\n\n\n28th November 2017\n\n\n\n\n \n\n\n \n\n\n\n\n \n \nHikma Pharmaceuticals Public Limited Company \n(the \"Issuer\")\n \nRe: Additional Guarantors of U.S.$500,000,000 4.250 per cent. Guaranteed Notes due 2020 \n(ISIN: XS1213834978)\n(the \"Notes\")\nguaranteed by each of\nArab Pharmaceutical Manufacturing PSC\nEurohealth (USA), Inc.\nHikma Farmacêutica (Portugal) S.A.\nHikma Pharmaceuticals LLC and\nWest-Ward Pharmaceutical Corp.\n(the \"Initial Guarantors\")\n \nThe Issuer refers to (i) the terms and conditions of the Notes (the \"Conditions\") set out in the prospectus dated 8 April 2015 relating to the Notes and (ii) a deed of guarantee dated 10 April 2015 between the Issuer and the Initial Guarantors in favour of the Holders and the Relevant Account Holders (each as defined therein) (the \"Deed of Guarantee\").\n \nCapitalised terms used in this Notice and not defined herein shall have the meanings as set out in the Conditions and the Deed of Guarantee.\n \n \nNOTICE IS HEREBY GIVEN that, pursuant to and in compliance with the provisions of Condition 5.7 (Guarantor Group) and the Deed of Guarantee:\n \na) as of 21 August 2017, West-Ward Pharmaceuticals International Limited has, pursuant to an accession deed of guarantee dated 21 August 2017 and an accession deed of covenant dated 21 August 2017, become a Guarantor;\nb) as of 29 April 2016, Roxane Laboratories, Inc. has, pursuant to an accession deed of guarantee dated 29 April 2016 and an accession deed of covenant dated 29 April 2016, become a Guarantor; and\nc) as of 29 April 2016, West-Ward Columbus Inc. has, pursuant to an accession deed of guarantee dated 29 April 2016 and an accession deed of covenant dated 29 April 2016, become a Guarantor.\n \nWest-Ward Pharmaceuticals International Limited, Roxane Laboratories, Inc. and West-Ward Columbus Inc. are together \"the Additional Guarantors\".\n \nEach Additional Guarantor has agreed to:\n \na) perform and observe all obligations expressed to be undertaken by a Guarantor under the Conditions, the Deed of Guarant...