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WPP Finance 2010 Announces Results of Tender Offer
WPP Finance 2010 Announces Results of Tender Offer.
About this update from Wpp Plc
[{"type":"text","content":"\n \nRNS Number : 3408Y WPP PLC 08 May 2019 \n\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 Results of its Tender Offer For Certain of its Dollar-Denominated Notes\nMay 8, 2019\nWPP Finance 2010 (\"WPP\") announces today the results of its offer to purchase (the \"Offer\") any and all of the outstanding notes listed in the table below (collectively, the \"Notes\") as further described 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.\nThe Offer expired at 5.00p.m. (Eastern time) on May 7, 2019.\nAccording to information provided by the Tender Agent, US$409,488,000 aggregate principal amount of the Notes were validly tendered at or prior to the Expiration Time and not validly withdrawn. These amounts include US$479,000 aggregate principal amount of Notes to be tendered pursuant to the guaranteed delivery procedures described in the Offer to Purchase, which remain subject to the holders' performance of the delivery requirements under such procedures. All such Notes have been accepted for purchase. The \"Settlement Date\" for the Offer is expected to be May 10, 2019. The following table sets forth the aggregate principal amount of Notes validly tendered and not withdrawn in the Offer:\n\n\n\n\nTitle of Security\n\n\n\n\nCUSIP / ISIN Numbers\n\n\n\n\nAggregate Principal Amount Outstanding\n\n\n\n\n \nAggregate Principal Amount Tendered]\n\n\n\n\n \nAggregate Principal Amount Tendered using guaranteed delivery procedures\n\n\n\n\n\n5.125% Notes due September 2042\n\n\n92936M AD9 / US92936MAD92\n\n\nUS$271,578,000\n\n\nUS$178,744,000\n\n\nN/A\n\n\n\n\n5.625% Notes due November 2043\n\n\n92936M AE7 / US92936MAE75\n\n\nUS$450,310,000\n\n\nUS$230,265,000\n\n\nUS$479,000\n\n\n\n________________\n(1) Excluding principal amounts of Notes tendered using guaranteed delivery procedures.\nHolders whose Notes are accepted for purchase will be paid accrued and unpaid interest on such Notes to, but not including, the Settlement Date (such amount, \"Accrued Interest\"). Interest will cease to accrue on the Set...