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PSON Pearson Plc

1,014.50
5.00 (0.50%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pearson Plc LSE:PSON London Ordinary Share GB0006776081 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.00 0.50% 1,014.50 1,015.00 1,016.00 1,019.00 1,009.00 1,016.50 1,592,659 16:35:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Publishing 3.67B 378M 0.5497 18.47 6.98B

Pearson PLC Expiration of Offers to Purchase Notes (9446N)

14/08/2017 3:00pm

UK Regulatory


Pearson (LSE:PSON)
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TIDMPSON

RNS Number : 9446N

Pearson PLC

14 August 2017

Pearson Announces the Expiration of its Offers to Purchase for Cash 3.75% Notes due 2022 and 3.25% Notes due 2023

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

14 August 2017

London - On 4(th) August 2017, Pearson announced the launch of market tenders, through its subsidiaries Pearson Funding Four plc and Pearson Funding Five plc (the "Issuers"), to repurchase all or any of its $500m 3.75% US Dollar Notes due 2022 (the "2022 Notes") and $500m 3.25% US Dollar Notes due 2023 (the "2023 Notes"). The tenders have now closed, and $385,389,000 of the 2022 Notes and $406,049,000 of the 2023 Notes will be bought back and cancelled. The Issuers or Pearson may in future make further market purchases of the 2022 Notes and/or the 2023 Notes as part of Pearson's ongoing treasury management activities.

For more information:

Telephone: +44 20 7010 2310

Investors: Tom Waldron

Press: Tom Engel, Tom Steiner

Treasury: Katharine Good, Sunil Boorman

This information is provided by RNS

The company news service from the London Stock Exchange

END

STREADPLFDAXEFF

(END) Dow Jones Newswires

August 14, 2017 10:00 ET (14:00 GMT)

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