The additional notes will be consolidated and treated as a single class with the existing EUR350 million 5% interest senior secured notes due 2023 issued by the company under the indenture originally dated October 26, 2016 and supplemented on June 8, 2017 and June 28, 2018, which are currently listed and trading on the regulated market of the Irish Stock Exchange plc (trading as Euronext Dublin).
Citigroup Global Markets Ltd. will act as the sole global coordinator and physical bookrunner in relation to the offering, the company said.
The additional notes will be offered solely to qualified institutional buyers.
The minimum denomination of the additional notes will be EUR100,000, the same as for the original notes, and will have identical terms and conditions in all respects including, without limitation, with respect to payments of interest, waivers, amendments, redemptions and offers to purchase.
The gross proceeds of the offering will be used to prepay certain principal amounts outstanding under the 2016 Senior Facilities Agreement; to prepay certain principal amounts outstanding under the 2018 Senior Facilities Agreement; to pay costs, expenses and fees in relation to the offering (including the initial purchaser’s fees, legal and accounting fees and other transaction costs); and for general corporate purposes.