DEL MONTE PACIFIC LIMITED
General Announcement::DMPL to issue US$90 million 3-Year Senior Fixed-rate Notes
Issuer & Securities
Issuer/ ManagerDEL MONTE PACIFIC LIMITEDSecuritiesDEL MONTE PACIFIC LIMITED - VGG270541169 - D03
Stapled SecurityNo
Announcement Details
Stapled SecurityNo
Announcement Title General AnnouncementDate &Time of Broadcast 03-Dec-2021 17:16:51Status NewAnnouncement Sub TitleDMPL to issue US$90 million 3-Year Senior Fixed-rate NotesAnnouncement ReferenceSG211203OTHRRC12Submitted By (Co./ Ind. Name)Antonio E S UngsonDesignationCompany SecretaryDescription (Please provide a detailed description of the event in the box below)Further to our disclosure dated 22 November 2021, Del Monte Pacific Limited ("DMPL") has successfully priced an aggregate principal amount of US$90 million 3-year unrated Senior Notes ("Notes") with a fixed coupon rate of 3.75%, payable semi-annually. The Notes were priced with a yield of 4.00% at a reoffer price of 99.30%. Credit Suisse acted as Sole Global Coordinator and Union Bank of the Philippines acted as Domestic Lead Manager. Approval in-principle has been received for the listing of the Notes on the Singapore Exchange Securities Trading Limited.
The transaction marks DMPL's inaugural issuance in the international debt capital markets, establishing a new source of funding.
These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or in any other jurisdiction where it is unlawful to do so. The securities to which these materials relate have not been and will not be registered under the U.S. Securities Act of 1933 (the "Securities Act" ), or the securities laws of any state of the United States or other jurisdiction and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws.
The Notes are not and will not be registered with the Philippine Securities and Exchange Commission. Any future offer or sale of the securities in the Philippines is subject to the registration requirements under the Philippine Securities Regulation Code, unless such offer or sale qualifies as a transaction exempt from these requirements.
Related Announcements
The transaction marks DMPL's inaugural issuance in the international debt capital markets, establishing a new source of funding.
These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or in any other jurisdiction where it is unlawful to do so. The securities to which these materials relate have not been and will not be registered under the U.S. Securities Act of 1933 (the "Securities Act" ), or the securities laws of any state of the United States or other jurisdiction and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws.
The Notes are not and will not be registered with the Philippine Securities and Exchange Commission. Any future offer or sale of the securities in the Philippines is subject to the registration requirements under the Philippine Securities Regulation Code, unless such offer or sale qualifies as a transaction exempt from these requirements.
Related Announcements
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Del Monte Pacific Limited published this content on 03 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2021 09:31:12 UTC.
