23 May 2013 16:25
Thomas Cook Group plc
Thomas Cook Group plc announces the pricing of the senior notes offered by Thomas Cook Finance plc
London, 23 May 2013 - Thomas Cook Group plc ("Thomas Cook") today announced the successful pricing of the offering by Thomas Cook Finance plc of €525 million aggregate principal amount of its 7.75% senior notes due 2020 (the "Notes"). As part of the £1.6bn Capital Refinancing Plan announced on 16 May 2013 the Notes are being issued in lieu of the €525m Bridge Facility.
Concurrently with the issuance of the Notes on the issue date, the gross proceeds from the offering of the Notes will be placed into an escrow account. The release of the escrowed proceeds will be subject to the satisfaction of certain conditions.
This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the foregoing Notes, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or country.
The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.
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 Thomas Cook Group plc 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.
This press release shall not be considered an "offer of securities to the public" for purposes of the Luxembourg law on prospectus for public offering dated 10 July 2005 or give rise to or require the publication of a prospectus in any EU member state which has implemented the Prospectus Directive.
Within the United Kingdom, this announcement is directed only at persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ("relevant persons"). The investment or investment activity to which this announcement relates is only available to and will only be engaged in with relevant persons and person who receive this announcement who are not relevant persons should not rely or act upon it.