Rentokil Initial plc announced the issuance of $500 million in 4.625% senior unsecured notes due 2031 by its subsidiary, with proceeds intended for general corporate purposes including debt repayment.
Key takeaways
Issued $500 million aggregate principal amount of 4.625% senior notes due 2031.
Notes are senior, unsecured obligations guaranteed by Rentokil Initial plc.
Proceeds will be used for general corporate purposes, including debt repayment.
Notes were offered in the US under Rule 144A and internationally under Regulation S.
Application made to list the Notes on the Official List of Euronext Dublin.