ALPHEN AAN DEN RIJN, THE NETHERLANDS--(Marketwire - Mar 14, 2013) - Wolters Kluwer, a
market-leading global
information services company focused on professionals, announced today that
it
has successfully launched and priced a new ten year EUR700 million
benchmark
Eurobond offering following a three-day pan-European debt investor
roadshow. The
bonds have been priced at an issue price of 99.709 per cent and will carry
an
annual coupon of 2.875 per cent. Settlement date has been set at March
21, 2013. The bonds were placed with a broad range of institutional
investors
across Europe.
The senior, unsecured bonds will mature on March 21, 2023. The net proceeds
of
the issue of the bonds will be applied by Wolters Kluwer for general
corporate
purposes, including refinancing of existing debt. Conditional upon
settlement of
the transaction, the company intends to exercise a call option on its
EUR225
million perpetual cumulative subordinated bonds in 2013.
ABN AMRO, Barclays, Rabobank International, and The Royal Bank of Scotland
acted
as joint lead managers for this issue. The bonds will be listed on the
Official
List of the Luxembourg Stock Exchange.
About Wolters Kluwer
Wolters Kluwer is a leading global information services and solutions
company.
It provides information, software, and services that help legal, tax,
finance,
and healthcare professionals make their most critical decisions effectively
and
with confidence. Customers depend on Wolters Kluwer services and solutions
to
successfully move through the complex layers of data and regulation that
define
modern business and government.
Wolters Kluwer had 2012 annual revenues of EUR3.6 billion. The group
employs over
19,000 people worldwide and maintains operations in over 40 countries
across
Europe, North America, Asia Pacific, and Latin America. The company is
headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer
shares are
quoted on Euronext Amsterdam (symbol: WKL) and are included in the AEX and
Euronext 100 indices.
Visit our website, YouTube, follow @Wolters_Kluwer on Twitter, or look up
Wolters Kluwer on Facebook for more for information about our customers,
market
positions, brands, and organization.
Forward-looking Statements
This press release 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.
PDF version of Press Release:
http://hugin.info/130682/R/1685337/552088.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wolters Kluwer NV via Thomson Reuters ONE
[HUG#1685337]