27 Jun 2013 14:00
THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR NEW ZEALAND AND SHOULD NOT BE DISTRIBUTED IN, FORWARDED TO OR TRANSMITTED IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF LOCAL SECURITIES LAWS OR REGULATIONS. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.
27 June 2013
Thomas Cook Group plc
Thomas Cook announces the receipt of proceeds in connection with its Capital Refinancing Plan
Thomas Cook Group plc (the "Company") is pleased to announce the successful completion of its Capital Refinancing Plan (announced on 16 May 2013). Gross proceeds of £430.9 million have now been received by the Company in connection with the Placing and Rights Issue, and further to the announcement made by the Company on 23 May 2013, gross proceeds of €525 million from the offering of the 7.75% senior notes due 2020 by Thomas Cook Finance plc have now been released to the Group from escrow. All amounts outstanding under the Current Facilities have been prepaid, the Current Facilities have been cancelled in full and the New Facilities have become available.
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Enquiries
Thomas Cook Group plcGeoffrey Pelham-Lane, Group Head of Investor RelationsJenny Peters, Group Head of Communications | +44 20 7557 6414+44 7568 105 144 |
FTI ConsultingAndrew Lorenz | +44 7775 641 807 |
Credit Suisse (Joint Financial Adviser, Joint Sponsor and Joint Broker)Sebastian GriggSimon TaurinsRobert MayhewAnthony Leung | +44 20 7888 8888 |
Gleacher Shacklock (Joint Financial Adviser and Joint Sponsor)Tim ShacklockPeter WarnerSandor de Jasay | +44 20 7484 1150 |
Jefferies Hoare Govett (Joint Broker)Neil CollingridgeSimon HamptonLee Morton | +44 20 7029 8000 |
Short Partners (Joint Financial Adviser)John ShortMeg WilsonBrooke Short | +44 20 7259 9140 |
IMPORTANT NOTICE
Capitalised terms used but not defined in this announcement have the meanings given to them in the Prospectus dated 16 May 2013.
This announcement is for information purposes only and does not constitute or form part of any offer or invitation to purchase, otherwise acquire or subscribe for, sell or otherwise dispose of or issue, or any solicitation of any offer or invitation to purchase, otherwise acquire or subscribe for, sell or otherwise dispose of or issue securities in the United States, Australia, Canada, Japan or New Zealand or any other jurisdiction.
This announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia).
None of the securities referred to in this announcement have been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Company does not intend to register any part of the Capital Refinancing Plan in the United States or to conduct a public offering of securities in the United States. No money, securities or other consideration is being solicited and, if sent in response to the information contained herein, will not be accepted.
None of the securities referred to in this announcement have been, and will not be, registered under the securities laws of any Excluded Territory and may not be offered, sold, taken up, exercised, resold, transferred or delivered, directly or indirectly, within the Excluded Territories except pursuant to an applicable exemption from registration and in compliance with any applicable securities laws.
Each of Credit Suisse, Gleacher Shacklock, Jefferies Hoare Govett, Short Partners, Barclays, BNP Paribas and Société Générale, which are authorised and regulated in the United Kingdom by the FCA (Credit Suisse and Société Générale are also regulated by the PRA), acted for the Company and no one else in connection with the Capital Refinancing Plan and will not regard any other person as a client in relation to the Capital Refinancing Plan and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Capital Refinancing Plan or any matters referred to in this announcement.
Apart from the responsibilities and liabilities, if any, which may be imposed on the each of Credit Suisse, Gleacher Shacklock, Jefferies Hoare Govett, Short Partners, Barclays, BNP Paribas and Société Générale by FSMA or the regulatory regime established thereunder or under US securities laws or other law, each of Credit Suisse, Gleacher Shacklock, Jefferies Hoare Govett, Short Partners, Barclays, BNP Paribas and Société Générale accept no responsibility whatsoever for, nor make any representation or warranty, express or implied, in relation to, the contents of this announcement, including its accuracy, completeness or verification or for any other statement made or purported to be made by it, or on its behalf, in connection with the Company, the Capital Refinancing Plan or any other matter referred to in or otherwise connected with this announcement and nothing in this announcement is, or shall be, relied upon as a promise or representation in this respect, whether as to the past or the future. To the fullest extent permissible, each of Credit Suisse, Gleacher Shacklock, Jefferies Hoare Govett, Short Partners, Barclays, BNP Paribas and Société Générale accordingly disclaim all and any responsibility or liability whether arising in tort, contract or otherwise (save as referred to above) which they might otherwise have in respect of this announcement or any such statement.
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