7 October 2015
ROLLS-ROYCE PLC ISSUES US BONDS
Rolls-Royce plc (the "Issuer") announces that is has successfully priced a U.S. dollar-denominated issue of notes (the "Notes") raising gross proceeds of approximately U.S.$1,498,740,000. The Notes will be issued by Rolls-Royce plc and guaranteed by Rolls-Royce Holdings plc, pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act").
The transaction consists of U.S.$500,000,000 aggregate principal amount of 2.375% Notes due 2020 and U.S.$1,000,000,000 aggregate principal amount of 3.625% Notes due 2025 and is the debut issuance for the Rolls-Royce Group in this market. It is expected that the proceeds of the offering will be used for general corporate purposes and to enhance liquidity.
The issue is scheduled to close on October 14, 2015, subject to customary conditions. It is expected that the Offering Memorandum in respect of the Notes will shortly be filed with the UK Listing Authority.
DISCLAIMER
The Notes have not been, and will not be, registered under the Securities Act, or under the securities law of any states of the United States, and may not be offered or sold in the United States, other than pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Issuer of the Notes does not intend to make a public offer of the Notes in the United States or to register any of the Notes under the Securities Act.
This announcement does not constitute or form part of any offer or any solicitation to purchase nor shall it, or the fact of its distribution, form the basis of, or be relied on in any purchase. This announcement and any subsequent offer of securities may be restricted by law in certain jurisdictions and persons receiving this announcement or any subsequent offer should inform themselves about and observe any such restriction. Failure to comply with such restrictions may violate securities laws of any such jurisdiction.
This announcement contains forward-looking statements. Any statements that express forecasts, expectations and projections are not guarantees of future performance and will not be updated. By their nature, these statements involve risk and uncertainty, and a number of factors could cause material differences to the actual results or developments. This announcement is intended to provide information to investors, is not designed to be relied upon by any other party, or for any other purpose and the Issuer and its directors accept no liability to any other person other than under English law.
For further information, please contact:
Investors:
John Dawson
Director - Investor Relations
Rolls-Royce plc
Tel: +44 (0)20 7227 9237
[email protected]
Media:
Richard Wray
Director of External Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
[email protected]
www.Rolls-Royce.com
