Wolters Kluwer, a global leader in professional information, software solutions, and services announced today that it has successfully priced a new €500 million 4-year senior unsecured Eurobond.
The bonds were sold at an issue price of 99.922 per cent and carry an annual coupon of 3.000 per cent. The settlement date has been set at September 23, 2022. The securities were placed with a broad range of institutional investors across Europe.
The senior unsecured bonds will mature on September 23, 2026. The notes are expected to be rated Baa1 by Moody’s. The net proceeds of the offering will be used for general corporate purposes.
Commerzbank, Deutsche Bank, IMI-Intesa Sanpaolo, SMBC acted as joint active bookrunners. The bonds will be listed on the Official List of the Luxembourg Stock Exchange.