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WPP Finance 2010 Announcement
WPP Finance 2010 Announcement.
About this update from Wpp Plc
[{"type":"text","content":"\n \nRNS Number : 2871Y WPP PLC 07 May 2019 \n\nNOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT (SEE \"OFFER AND DISTRIBUTION RESTRICTIONS\" BELOW).\nTHIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014.\nWPP Finance 2010 Announces Pricing Pursuant to its Tender Offer For Certain of its Dollar-Denominated Notes\nMay 7, 2019\nWPP Finance 2010 (\"WPP\") announces the pricing of its offer to purchase (the \"Offer\") any and all of the outstanding notes listed in the table below (collectively, the \"Notes\") which is being made upon, and is subject to, the terms and conditions set forth in the Offer to Purchase, dated May 1, 2019 (the \"Offer to Purchase\"). Capitalised terms used in this announcement but not defined have the meaning given to them in the Offer to Purchase.\nUpon the terms and subject to the conditions set forth in the Offer to Purchase, the Total Consideration for each $1,000 principal amount of each series of Notes validly tendered at or prior to the Expiration Date or the Guaranteed Delivery Date pursuant to the guaranteed delivery procedures, and accepted for purchase (the \"Total Consideration\"), is specified in the following table: \n\n\n\n\nTitle of Security\n\n\n\n\nCUSIP / ISIN Numbers\n\n\n\n\nReference Treasury Security\n\n\n\n\nReference Yield\n\n\n\n\nFixed Spread (basis points)\n\n\n\n\nTotal Consideration For $1,000 Principal Amount\n\n\n\n\n\n5.125% Notes due September 2042\n\n\n92936M AD9 / US92936MAD92\n\n\n3.375% U.S. Treasury Notes due November 2048 \n\n\n2.867%\n\n\n220\n\n\n \n$1,007.81\n\n\n\n\n5.625% Notes due November 2043\n\n\n92936M AE7 / US92936MAE75\n\n\n3.375% U.S. Treasury Notes due November 2048 \n\n\n2.867%\n\n\n220\n\n\n \n$1,077.82\n\n\n\nThe Offer will expire at 5:00 p.m. (Eastern time) on May 7, 2019 (such date and time, as the same may be extended, the \"Expiration Date\"). Notes tendered may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) on May 7, 2019 (such date and time, as the same may be extended, the \"Withdrawal Date\"), but not thereafter. The \"Results Announceme...