April 23, 2018 / 5:31 PM / 3 months ago

BRIEF-NMC Health Says Placement Of $450 Mln Bonds By NMC HEALTH (JERSEY)

April 23 (Reuters) - NMC Health PLC:

* PLACEMENT OF USD 450 MILLION BONDS

* SAYS UNIT NMC HEALTH (JERSEY) PLACES USD 450 MILLION SENIOR UNSECURED GUARANTEED BONDS DUE 2025 CONVERTIBLE INTO ORDINARY SHARES OF NMC HEALTH

* CONVERTIBLE BONDS WILL CARRY A COUPON OF 1.875% AND AN INITIAL EXCHANGE PRICE OF USD 72.7301

* NET PROCEEDS OF OFFERING WILL BE USED IN TOTALITY TO REPAY PART OF CURRENT USD 1 BILLION BRIDGE FACILITY

* J.P. MORGAN CAZENOVE ACTED AS SOLE BOOKRUNNER AND HSBC ACTED AS LEAD MANAGER Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below