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Dun & Bradstreet Holdings (NYSE stock code:National Bureau of Statistics), a leading global provider of business decision data and analysis, today announced that its indirect wholly-owned subsidiary Dun & Bradstreet (“Issuer”) has priced its previously announced US$460 million issuance, with a total principal amount 5.00% of the notes due in 2029 (“Notes”) are in private placement (“Issuance”). The issuance is expected to end on December 20, 2021, subject to customary conditions. The bills will be guaranteed by each of the issuer’s subsidiaries on a priority unsecured basis, and these subsidiaries will provide guarantees for debts under the issuer’s priority guarantee credit line.
The proceeds from this issuance and cash on hand will be used to fund the full redemption of the previously announced issuer’s current outstanding 10.250% senior notes due in 2027 (the “existing notes”). One of the conditions for the redemption is that the issuance is completed and the issuer’s total proceeds are at least US$460 million.
Pursuant to Rule 144A of the Securities Act of 1933 (“Securities Act”), as amended, only bills and related guarantees are provided to persons who are reasonably considered to be qualified institutional buyers, and only to non-US investors outside the United States According to S regulations. These notes have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction. If there is no valid registration statement or applicable registration requirement 》Or any state securities law registration requirements restricted transactions.
This press release does not constitute a sale…
The full story can be found on Benzinga.com
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