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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hikma Pharmaceuticals Plc | LSE:HIK | London | Ordinary Share | GB00B0LCW083 | ORD SHS 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
35.00 | 1.82% | 1,960.00 | 1,970.00 | 1,972.00 | 1,977.00 | 1,931.00 | 1,937.00 | 318,030 | 16:35:19 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Pharmaceutical Preparations | 2.88B | 192M | 0.8685 | 22.68 | 4.36B |
TIDMHIK
RNS Number : 9536C
Hikma Pharmaceuticals Plc
22 October 2020
London, October 22, 2020
Hikma Finance USA LLC (the "Issuer")
Notice to the holders of the US$500,000,000 3.250 per cent. Guaranteed Notes due 2025 (the "Notes")
The Issuer refers to the terms and conditions of the Notes (the "Conditions") set out in the offering circular dated 7 July 2020. Capitalised terms used in this notice and not defined herein shall have the meaning set out in the Conditions.
Fitch Ratings has today announced that it has assigned Hikma Pharmaceuticals Plc (Hikma, Company) a 'BBB-' first-time Long-Term Issuer Default Rating (outlook: Stable). Hikma's existing rating of BBB- (outlook: Stable) from S&P remains unchanged, and accordingly the Company has achieved investment grade status from two rating agencies in accordance with the Conditions.
The Company's obligations under Condition 5.2 (Limitation on Indebtedness) and Condition 5.4 (Guarantor Group) of the Terms and Conditions of the Notes have therefore been suspended with effect from 22 October 2020, and shall remain suspended for so long as the Company retains its investment grade status, all in accordance with the Conditions.
- ENDS -
Enquiries
Hikma Pharmaceuticals PLC
Susan Ringdal +44 (0)20 7399 2760/ +44 7776 EVP, Strategic Planning and Global Affairs 477050 uk-investors@hikma.uk.com
About Hikma
Hikma Pharmaceuticals PLC (LSE: HIK) (NASDAQ Dubai: HIK) (OTC: HKMPY) (LEI:549300BNS685UXH4JI75) (rated BBB-/stable S&P, BBB-/stable Fitch and Ba1/stable Moody's)
Hikma helps put better health within reach every day for millions of people in more than 50 countries around the world. For more than 40 years, we've been creating high-quality medicines and making them accessible to the people who need them. Headquartered in the UK, we are a global company with a local presence across the United States (US), the Middle East and North Africa (MENA) and Europe, and we use our unique insight and expertise to transform cutting-edge science into innovative solutions that transform people's lives. We're committed to our customers, and the people they care for, and by thinking creatively and acting practically, we provide them with a broad range of branded and non-branded generic medicines. Together, our 8,600 colleagues are helping to shape a healthier world that enriches all our communities. We are a leading licensing partner, and through our venture capital arm, are helping bring innovative health technologies to people around the world. For more information, please visit: www.hikma.com
(c)2020 Hikma Pharmaceuticals PLC. All rights reserved.
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END
DOCUUAURRUURUAA
(END) Dow Jones Newswires
October 22, 2020 08:16 ET (12:16 GMT)
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