50 SKY SHADES - World aviation news

Rolls-Royce issues $1.5 bn worth US bonds

Download: Printable PDF Date: 07 Oct 2015 11:19 category:
Rolls-Royce issues $1.5 bn worth US bonds - Manufacturer publisher
Krista Kuznecova
Source: Aerotime

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.

Loading comments for Rolls-Royce issues $1.5 bn worth US bonds...


More ways of offsetting carbon emissions - VALCORA & Shell Aviation

If you look at the photo and you think it is not really aviation related - it's wrong. Here is why: VALCORA’s collaboration with Shell will contribute to The Cordillera Azul National Pa...

Euramec adds Leonardo, Eurocopter and Bell, Specialty Flight Simulator lines

Euramec, the European flight simulation solution providers, announced it has signed a non-exclusive distribution agreement with GeoSim Technologies for the worldwide distribution of GeoSim’s rot...

World first: Vertical Aerospace flies electric air taxi

The future is already here! Seraph, an electric air taxi , capable of carrying loads of up to 250kg, completed its maiden flight already back in August!  Now,  the first co...

Important agreement: Hawaii Life Flight & Kona Community Hospital

Kona Community Hospital and Hawaii Life Flight have renewed their five-year preferred provider agreement. The agreement confirms the hospital will call Hawaii Life Flight first for all air medical pat...