Burberry Group PLC has successfully priced a £300,000,000 5.75% bond due 20 June 2030. The proceeds from the bond will be utilized for general corporate purposes. The bond is expected to be rated Baa2 by Moody's Investor Services.
The company has provided contact information for equity investors, analysts, debt investors, and media. Additionally, relevant stabilisation regulations and target market information have been included in the announcement.
The notes have not been and will not be registered under the United States Securities Act of 1933, and a rating is not a recommendation to buy, sell, or hold the notes. The announcement is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons.
Burberry Group PLC is a global luxury brand founded in 1856, headquartered in London, and listed on the London Stock Exchange. It is also a constituent of the FTSE 100 index.