Successful EUR600m 8-year bond transaction priced

RNS Announcement

RNS Number : 4435B

Rentokil Initial PLC

08 October 2020

8 October 2020

Rentokil Initial plc ("Rentokil Initial")

Successful EUR600m 8-year bond transaction priced

Rentokil Initial (FTSE100: RTO, "the Company"), today confirms the issue of a EUR 600m 8-year bond. The bond was priced at 0.50%, the Company's lowest ever coupon.

The issue will refinance the EUR 350m 3.25% bond which matures in October 2021, and will be used for general corporate purposes.

The bond will be issued by Rentokil Initial Plc, under the terms of its euro medium-term note programme.

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Enquiries:

Investors / Analysts:	Katharine Rycroft	Rentokil Initial plc	07811 270734
Media:	Malcolm Padley	Rentokil Initial plc	07788 978199

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RNS metadata

Title: Successful EUR600m 8-year bond transaction priced
Time: 07:00:05
Date: 8 Oct 2020
Category: Miscellaneous
ID: 4435B