REG - Burberry Group PLC - BURBERRY FINAL TERMS MEDIUM-TERM BOND

BurberryAnnouncement

13/06/2024 17:30

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RNS Number : 3920S  Burberry Group PLC  13 June 2024

BURBERRY GROUP PLC

 

BURBERRY ANNOUNCES FINAL TERMS OF MEDIUM-TERM BOND

 

 

 

Burberry Group plc ('Burberry' or the 'Company') is pleased to announce that
it has completed the pricing of a £300,000,000 5.75% bond due 20 June 2030.

 

The proceeds of the Bond will be used for general corporate purposes.

 

The Bond is expected to be rated Baa2 by Moody's Investor Services.

 

13 June 2024

 

 Equity Investors and analysts
 Lauren Wu Leng  Head of Investor Relations               020 3425 2007

                                                          lauren.wuleng@burberry.com
 Debt investors
 Max Izzard      SVP, Group and Corporate Finance         07808 098803

                                                          Max.Izzard@burberry.com
 Fiona Rose      Group Treasurer                          020 3367 4270

                                                          Fiona.Rose@burberry.com
 Media
 Andrew Roberts  SVP, Corporate Relations and Engagement  020 3367 3764

                                                          Andrew.Roberts@burberry.com

 

Relevant stabilisation regulations including FCA/ICMA will apply. Manufacturer
target market (MIFID II product governance) is eligible counterparties and
professional clients only (all distribution channels). No PRIIPs key
information document (KID) has been prepared as not available to retail in the
EEA or the UK.

 

This announcement is directed only at (i) persons who are outside the United
Kingdom (the "UK"), or (ii) persons who are in the UK who are (a) persons who
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 (the "Order") or (b) otherwise, persons to whom this
announcement may lawfully be communicated pursuant to the Order (all such
persons together being referred to as "relevant persons"). This announcement
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 announcement relates is available only to relevant persons and will
be engaged in only with relevant persons.

 

The notes have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "Securities Act"), or any state
securities laws, and may not be offered or sold in the United States or to, or
for the account or benefit of, U.S. persons (as defined in Regulation S under
the Securities Act).

 

A rating is not a recommendation to buy, sell or hold the notes and may be
subject to suspension, reduction or withdrawal at any time.

 

This announcement is not intended to be distributed to or reviewed by anyone
other than you. This announcement does not constitute an offer to sell or a
solicitation of an offer to buy securities.

 

This announcement does not constitute nor form a part of any offer or
solicitation to purchase or subscribe for securities in Singapore or
elsewhere. The notes referred to herein have not been and will not be offered
or sold or be made the subject of an invitation for subscription or purchase,
whether directly or indirectly, to any person in Singapore other than (i) to
an institutional investor (as defined in Section 4A of the Securities and
Futures Act 2001 (Chapter 289) of Singapore, as modified or amended from time
to time (the "SFA")) pursuant to Section 274 of the SFA or (ii) to an
accredited investor (as defined in Section 4A of the SFA) pursuant to and in
accordance with the conditions specified in Section 275 of the SFA.

 

Notification under Section 309B of the SFA - Solely for the purposes of its
obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA and the
Securities and Futures (Capital Markets Products) Regulations 2018 of
Singapore (the "CMP Regulations 2018"), the Issuer has determined, and hereby
notifies all relevant persons (as defined in Section 309A(1) of the SFA), the
classification of the notes as prescribed capital markets products (as defined
in the CMP Regulations 2018) and Excluded Investment Products (as defined in
MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS
Notice FAA-N16: Notice on Recommendations on Investment Products).

 

Notes to editors

 

·        Founded in 1856, Burberry is a global luxury brand,
headquartered in London.

·        Burberry is listed on the London Stock Exchange (BRBY.L) and
is a constituent of the FTSE 100 index.  Its ADR symbol is OTC:BURBY.

·        BURBERRY, the Equestrian Knight Device, the Burberry Check
and the Thomas Burberry Monogram and Print are trademarks belonging to
Burberry.

 

 

 

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