Luxembourg, 11 November 2022
Vivion announces establishment of Euro Medium Term Note programme
Vivion Investments S.à r.l. (“Vivion“) announces today the establishment of a EUR1,000,000,000 Euro Medium Term Note Programme (the “EMTN Programme“).
The EMTN Programme allows Vivion to opportunistically access favourable bond market windows in a timely manner, optimise its long term cost of funding and provides flexibility to take advantage of potential acquisition opportunities. Vivion does not immediately offer new notes and is focused to maintain a prudent and conservative financial policy. Notes issued under the EMTN Programme will rank pari passu with the Vivion’s outstanding senior notes.
Aside the issuance of new unsecured debt, Vivion has several other elements to further support is financing strategy, including a cash position of EUR 722 million as of 30 June 2022, along with EUR 3.1 billion of unencumbered assets that it can use for refinancing of existing debt or fund new acquisitions.
The base listing particulars for the EMTN Programme is dated November 11, 2022 and has been approved by Euronext Dublin. Application will be made to Euronext Dublin for any notes issued under the EMTN Programme to be admitted to its official list and to trading on the Global Exchange Market, which is the exchange-regulated market of Euronext Dublin.
Important Notice
This release is for informational purposes only and shall not constitute a prospectus or an offer to sell or the solicitation of an offer to buy securities in the United States or any other jurisdiction.
Forward-Looking Statements
This release contains “forward-looking statements”, as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. The words “expect,” “will,” and similar words are intended to identify estimates and forward-looking statements. Forward-looking statements are not historical facts. Forward-looking statements involve risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, actual results could differ materially from those expressed or implied by such forward-looking statements or assumptions. Certain other factors that could cause actual results to differ materially from those discussed in any forward-looking statements include the risk factors described in the Base Listing Particulars. The forward-looking statements included in this release are made only as of the date hereof, and Vivion disclaims any obligation to update them or to announce publicly any revision to any of the forward-looking statements contained in this release, or to make corrections to reflect future events or developments.
Contact for more Information
Daan Bras – Investor Relations
T +31 652 0900 26
daan.bras@vivion.eu
Disclaimers
This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities in the United States, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or country. The Notes have been offered and sold only outside the United States to non-U.S. persons in accordance with Regulation S. No offering of Notes has been or will be made in the United States. The issued Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area (“EEA”). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail
client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID II”), (ii) a customer within the meaning of Directive 2016/97/EU (as amended), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II, or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (as amended or superseded). Consequently no key information document required by Regulation (EU) No 1286/2014 (as amended, the “PRIIPs Regulation”) for offering or selling the Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPS Regulation. In the United Kingdom, this communication is for distribution only to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Financial
Promotion Order”), (ii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Financial Promotion Order, or (iii) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the FSMA) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). This communication is directed only at relevant persons and must not be acted on or relied on by
persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons. This press release may include projections and other “forward-looking” statements within the meaning of applicable securities laws. Any such projections or statements reflect the current views of the company about further events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from these projections.