Disclosure of inside information
pursuant to Article 17 of Regulation (EU) No. 596/2014
NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY IN WHICH THE DISTRIBUTION OF THIS DOCUMENT IS UNLAWFUL.
R-LOGITECH resolves to issue a five-year bond with a volume of up to EUR 250 million
Monaco, September 12, 2022 – The Board of Directors of R-LOGITECH S.A.M., a leading international port infrastructure operator, has resolved today to launch a private placement to qualified investors in the EEA and certain other jurisdictions for the issuance of a new five-year (2022/2027) EUR 250 million corporate bond. The minimum denomination of the new notes will be EUR 100,000.
The Company has appointed Seaport Group Europe LLP, a subsidiary of Seaport Global Holdings LLC (“Seaport”), as lead placement agent and BankM as exchange and settlement agent. Seaport will lead an institutional book building process, with the final terms of the exchange and private placement to be announced during the week commencing September 19, 2022.
The net proceeds from the private placement of the new notes will be used to (i) repay the maturing EUR 200 million 8.5% notes due 2023 of R-LOGITECH and (ii) for general corporate purposes of the Group.
In connection with the repayment of the 2018/2023 notes, existing institutional holders of the 2018/2023 notes will be offered the opportunity to exchange their 2018/2023 notes on a private placement basis into new notes. The exchange will be offered exclusively to qualified investors in Germany and other European countries, with the final terms to be confirmed during the week commencing September 19, 2022.
Investors may contact their respective sales representatives at Seaport or BankM as per below “For further information”.
Important Note
This publication is neither an offer to sell nor a solicitation of an offer to buy or subscribe for any securities. There will be no public offering of any securities of R-LOGITECH.
The notes which are subject to this publication have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered, sold or delivered within the United States of America (the “United States”) to or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. The Issuer will neither offer nor sell or deliver any notes within the United States except in accordance with Rule 903 of Regulation S under the U.S. Securities Act. Accordingly, neither the Issuer nor any of its affiliates nor any person acting on its or their behalf will engage in any directed selling efforts or general solicitation with respect to the notes.
For further information:
Seaport
capitalmarkets@seaportglobal.com
Samir Quadir
+1 (713) 658-6339
Kevin Stone
+1 (713) 658-6332
Jack Mascone
+1 (212) 616-7748
BankM
BankMCapitalMarkets@bankm.de
Brunswick
Patrick Handley, Tom Pigott
+44 (0) 20 7404 5959
Better Orange IR & HV AG
Frank Ostermair, Linh Chung
+49 (0) 89 8896906 25
linh.chung@better-orange.de
R-LOGITECH S.A.M.
Frédéric Platini
investorrelations@r-logitech.com