NEW YORK -- (Business Wire)
Nielsen (NYSE: NLSN) today announced that its indirect wholly-owned
subsidiaries, Nielsen Finance LLC and Nielsen Finance Co., are proposing
to issue $650 million aggregate principal amount of 5.00% senior notes
due 2022 (the “Notes”) in a private offering that is exempt from the
registration requirements of the Securities Act of 1933, as amended (the
“Securities Act”). The Notes will trade interchangeably with the $750
million aggregate principal amount of 5.00% Senior Notes due 2022 and
the $800 million aggregate principal amount of 5.00% Senior Notes due
2022, issued by Nielsen Finance LLC and Nielsen Finance Co. on April 11,
2014 and July 8, 2014, respectively.
Nielsen intends to apply the net proceeds of this offering to make
repurchases of its outstanding common stock from time to time, in the
open market or otherwise, pursuant to its existing share repurchase
programs, to reduce outstanding amounts under its revolving credit
facility, to pay related fees and expenses, and for general corporate
purposes.
The Notes are being offered only to qualified institutional buyers in
reliance on Rule 144A under the Securities Act, and outside the United
States, only to non-U.S. investors pursuant to Regulation S. The Notes
will not be registered under the Securities Act or any state securities
laws and may not be offered or sold in the United States absent an
effective registration statement or an applicable exemption from, or a
transaction not subject to, the registration requirements of the
Securities Act and applicable state securities laws. This news release
does not constitute an offer to sell or a solicitation of an offer to
buy any of the Notes, nor does it constitute an offer, solicitation or
sale in any jurisdiction in which such offer, solicitation or sale is
unlawful.
Forward Looking Statements
This news release includes information that could constitute
forward-looking statements made pursuant to the safe harbor provision of
the Private Securities Litigation Reform Act of 1995. These statements
may be identified by words such as ‘will’, ‘expect’, ‘should’, ‘could’,
‘shall’ and similar expressions. These statements are subject to risks
and uncertainties, and actual results and events could differ materially
from what presently is expected. Factors leading thereto may include
without limitations general economic conditions, conditions in the
markets Nielsen is engaged in, behavior of customers, suppliers and
competitors, technological developments, as well as legal and regulatory
rules affecting Nielsen’s business and specific risk factors discussed
in other releases and public filings made by Nielsen (including
Nielsen’s filings with the Securities and Exchange Commission). This
list of factors is not intended to be exhaustive. Such forward-looking
statements only speak as of the date of this press release, and we
assume no obligation to update any written or oral forward-looking
statement made by us or on our behalf as a result of new information,
future events, or other factors.
About Nielsen
Nielsen N.V. (NYSE: NLSN) is a global information and measurement
company with leading market positions in marketing and consumer
information, television and other media measurement, online intelligence
and mobile measurement. Nielsen has a presence in approximately 100
countries, with headquarters in New York, USA and Diemen, the
Netherlands. For more information, visit www.nielsen.com.
Contacts:
Nielsen
Investor Relations:
Kate Vanek, +1 646-654-4593
or
Media
Relations:
Andrew McCaskill, +1 646-654-5577
Source: Nielsen
© 2024 Canjex Publishing Ltd. All rights reserved.