CorporateInvestorsMarch 14, 2017

Wolters Kluwer successfully prices €500 million 10-year Eurobond

Wolters Kluwer, a global leader in professional information services, announced today that it has successfully launched and priced a new €500 million 10-year Eurobond. 

The bonds were sold at an issue price of 99.659 per cent and carry an annual coupon of 1.500 per cent. The settlement date has been set at March 22, 2017. The securities were placed with a broad range of institutional investors across Europe.

The senior unsecured bonds will mature on March 22, 2027. The net proceeds of the offering will be used to refinance existing debt and for general corporate purposes.

Barclays, Commerzbank, NatWest Markets, and Rabobank acted as joint lead managers. The bonds will be listed on the Official List of the Luxembourg Stock Exchange. 

About Wolters kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

Forward-looking statements and other important legal information
This report contains forward-looking statements. These statements may be identified by words such as “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts
Annemarije Dérogée-Pikaar
Annemarije Dérogée - Pikaar
Director, Corporate Affairs & Communications
Global Branding & Communications
Meg Geldens
Meg Geldens
Vice President, Investor Relations
Investor Relations