Last checked at 10 Feb 2023 14:45
VODAFONE CLOSES U.S.$1.2 BILLION DEBT SECURITIES OFFERING
On 10 February 2023, Vodafone Group Plc ("Vodafone") closed a U.S.$1.2 billion debt securities offering. The securities offering included an offering of U.S.$700,000,000 5.625% Notes due February 2053 and U.S.$500,000,000 5.750% Notes due February 2063. Vodafone has applied to list the securities on the Nasdaq Global Market.
Vodafone has generated net proceeds of U.S.$1,183,901,000 from the sale of the debt securities. Vodafone intends to use these net proceeds (i) to fund the purchase of its 5.250% Notes due May 2048, 4.375% Notes due February 2043 and 5.000% Notes due May 2038 (collectively, the "Tender Offer Notes"), that are validly tendered (and not validly withdrawn) pursuant to its offers to purchase any and all of such Tender Offer Notes up to a cap of U.S.$2.0 billion aggregate principal amount of the Tender Offer Notes and (ii) for general corporate purposes.
IMPORTANT INFORMATION
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. The offering to which this media release relates was made pursuant to an effective registration statement that Vodafone filed with the US Securities and Exchange Commission (the "SEC") and only by means of a prospectus supplement and accompanying base prospectus. Vodafone has filed with the SEC a final prospectus supplement to the base prospectus for the offering. You can obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement, the accompanying base prospectus and the final prospectus relating to the offering can be obtained from Vodafone at its registered address, any underwriter or any dealer participating in the offering (BofA Securities, Inc. at 1-800-294-1322, Citigroup Global Markets Inc. at 1-800-831-9146, Goldman Sachs & Co. LLC at 1-866-471-2526, SMBC Nikko Securities America, Inc. at 1-888-868-6856 and TD Securities (USA) LLC at 1-855-495-9846).