Notice of Redemption and Cancellation of Listing
Travis Perkins to redeem GBP 250m 3.750% notes due 2026 using proceeds from new GBP 125m private placement.
- Notes to be redeemed GBP 250,000,000
- Interest rate on redeemed notes 3.750%
- Redemption price 100.00% of principal
- Proceeds from new placement GBP 125,000,000
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GBP 250,000,000 3.750 per cent. Guaranteed Notes due 2026 guaranteed by City Plumbing Supplies Holdings Limited, Keyline Civils Specialist Limited, The BSS Group Limited, Toolstation Limited, Travis Perkins (Properties) Limited, Travis Perkins Trading Company Limited and Wickes Building Supplies Limited (the "Guarantors")
(the "Notes")
The Issuer hereby gives notice to the Noteholders that it has elected to redeem all of the outstanding Notes pursuant to Condition 5(c) of the terms and conditions of the Notes (the "Conditions") set out in Schedule 1 to the Trust Deed dated 17 November 2020 between the Issuer and Citicorp Trustee Company Limited.
The outstanding Notes will be redeemed in full on 19 December 2025 (the "Optional Redemption Date"). The Notes will be redeemed at 100.00 per cent. of their principal amount, together with any interest accrued to (but excluding) the Optional Redemption Date. The Notes will be repaid from the proceeds of the issuance of the GBP 125,000,000 private placement notes issued on 10 November 2025.
Issuer LEI Number: 2138001I27OUBAF22K83
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