15 Jul 2015 14:30
NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW
Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
LSE ADS code: NPSN ISIN: US 6315121003
("Naspers")
BOND OFFERING BY MYRIAD INTERNATIONAL HOLDINGS B.V. ("MIH B.V.")
Shareholders are advised that Naspers's indirect wholly owned subsidiary, MIH B.V., on 14 July 2015, successfully priced US$1,2bn 5,5% notes due 2025 (the "Bonds").
The Bonds will be fully and unconditionally guaranteed by Naspers. An application has been made for the admission of the Bonds to listing on the Official List and trading on the Global Exchange Market of the Irish Stock Exchange.
The net proceeds will be used for general corporate purposes, including future acquisitions and the repayment of certain amounts outstanding under the Naspers group's revolving credit facility.
CAPE TOWN
15 July 2015
Sponsor
Investec Bank Limited
Contact
For further information, please contact:
Meloy Horn Head of Investor Relations Naspers +27 11 289 3320 +27 82 772 7123 Meloy.horn@naspers.com |
Cautionary Statement
The Notes will be offered in a private placement only to qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons outside the United States pursuant to Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act"), subject to prevailing market and other conditions. There is no assurance that the offering will be completed or, if completed, as to the terms on which it is completed. The Notes to be offered have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or unless pursuant to an applicable exemption from the registration requirements of the Securities Act and any other applicable securities laws. This press release is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.
This press release does not constitute and shall not, in any circumstances, constitute a public offering nor an invitation to the public in connection with any offer within the meaning of the Directive 2010/73/EU of the Parliament and Council of November 4, 2003 as implemented by the Member States of the European Economic Area (the "Prospectus Directive"). Any offer and sale of the notes will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.
This press release may include projections and other "forward-looking" statements within the meaning of applicable securities laws. Any such projections or statements reflect the current views of Naspers about further events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from these projections.