Business
Issue of new EUR400m bond
Issue of new EUR400m bond.
About this update from Rentokil Initial Plc
[{"type":"text","content":"\n \nRNS Number : 7698W Rentokil Initial PLC 17 November 2017 \n\n17 November 2017\nRentokil Initial plc\nIssue of new €400m bond\n \nRentokil Initial plc (FTSE: RTO) (the \"Company\") has agreed the issue of a €400 million 0.95% bond due 22 November 2024.\n \nPart of the proceeds will be swapped into dollars in line with the company's hedging strategy and will be used for general corporate purposes, including the repayment of the company's £200m and €157m term loans that were due to mature in 2018. \n \nJeremy Townsend, Chief Financial Officer of Rentokil Initial plc, said: \"I am delighted by the success of this issue, which secures a significant amount of our longer term financing needs at an attractive coupon.\" \n \nFor further information please contact:\nRentokil Initial plc\n\n\n\n\nInvestors\n\n\nKatharine Rycroft\n\n\n07811 270 734\n\n\n\n\nMedia \n\n\nMalcolm Padley\n\n\n07788 978 199\n\n\n\n\n \nNotes to editors:\nRentokil Initial\nRentokil Initial plc is one of the largest business services companies in the world, operating in 70 countries and employing 35,500 colleagues. The Company offers route-based services, primarily in Pest Control and Hygiene, through teams of local experts. Rentokil is the world's largest commercial pest control company.\nFor more information, visit www.rentokil-initial.com. \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END IODKQLFFDFFLFBL\n ","length":3592,"tagName":"div"}]