Alphen aan den Rijn, Netherlands, May 7, 2014 (GLOBE NEWSWIRE) -- Wolters Kluwer, a global leader in professional information services , announced today that it has successfully launched and priced a new ten year €400 million Eurobond. The bonds have been priced at an issue price of 99.164 per cent and will carry an annual coupon of 2.500 per cent. Settlement date has been set at May 12, 2014. The bonds were placed with a broad range of institutional investors across Europe.
The senior, unsecured bonds will mature on May 13, 2024. The net proceeds of the bonds will be used to refinance existing debt and for general corporate purposes.
BofA Merrill Lynch, Citigroup, Deutsche Bank and ING acted as joint lead managers for this issue. The bonds will be listed on the Official List of the Luxembourg Stock Exchange.
About Wolters Kluwer
Wolters Kluwer is a global leader in professional information services. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance and healthcare rely on Wolters Kluwer's market leading information-enabled tools and software solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.
Wolters Kluwer reported 2013 annual revenues of €3.6 billion. The group serves customers in over 150 countries, and employs over 19,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on NYSE Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information about our products and organization, visit www.wolterskluwer.com, follow @Wolters_Kluwer on Twitter, or search for Wolters Kluwer videos on YouTube.
| Media | Investors/Analysts |
| Caroline Wouters | Meg Geldens |
| Corporate Communications | Investor Relations |
| t + 31 (0)653 328 879 | t + 31 (0)172 641 407 |
| press@wolterskluwer.com | ir@wolterskluwer.com |
Forward-looking Statements
This report contains forward-looking statements. These statements may be identified by words such as "expect", "should", "could", "shall" and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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