G4S PLC Notification Of Change In Issuer Rating And Issue Rating

 
TIDMGFS 
 
 
   26 April 2021 
 
   G4S plc ("G4S" or the "Company") 
 
   Notification of Change in Issuer Rating and Issue Rating 
 
   G4S notes that following its announcement of 26 February 2021 placing 
the Company's 'BBB-/A-3' ratings on Credit Watch negative, S&P Global 
Ratings announced on 22 April 2021, that it had downgraded: 
 
 
   -- G4S plc's issuer credit rating; and 
 
   -- G4S plc's senior unsecured debt rating (in respect of senior bonds issued 
      by, or guaranteed by, G4S plc), 
 
 
   in each case, from BBB- to B. 
 
   On 8 December 2020 the boards of directors managing Allied Universal 
Topco LLC ("Allied Universal") and of G4S announced that they had 
reached agreement on the terms of a recommended cash offer, to be made 
by Atlas UK Bidco Limited ("Allied Bidco"), a newly incorporated entity 
that is indirectly controlled by Allied Universal, to acquire the entire 
issued and to be issued share capital of G4S (the "Offer"). On 16 March 
2021, the Offer became unconditional as to acceptances and on 6 April 
2021, the Offer was declared unconditional in all respects. 
 
   Celine Barroche 
 
   Company Secretary 
 
   For further enquiries, please contact: 
 
   Helen Parris                 Director of Investor Relations         +44 
(0) 207 9633189 
 
   Media enquiries 
 
   Sophie McMillan                 Head of Media 
[phone] 
 
   Press office                                                [phone] 
 
 
   Notes to Editors 
 
   G4S is a leading global security company, specialising in the provision 
of security services and solutions to customers. Our mission is to 
create material, sustainable value for our customers and shareholders by 
being the supply partner of choice in all our markets. 
 
   G4S is now a part of Allied Universal and is currently quoted on the 
London Stock Exchange (until at least 5 May 2021). On 16 April 2021, G4S 
completed its delisting from the exchange in Copenhagen, where it had a 
secondary listing. 
 
   After taking account of the businesses being sold in the year, G4S is 
active in more than 80 countries and has around 533,000 employees. For 
more information on G4S, visit www.g4s.com. 
 
 
 
 

(END) Dow Jones Newswires

April 26, 2021 02:00 ET (06:00 GMT)

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