Close Brothers Group PLC

Capital/Financing Update • Jun 26, 2014

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RNS Number : 6604K

Close Brothers Group PLC

26 June 2014

Close Brothers Group plc

Issue of Debt

26 June 2014

Close Brothers Group plc ("Close Brothers") announces the issue of £300,000,000 3.875% senior unsecured bonds due 2021, rated A3/A by Moody's and Fitch, from the Close Brothers Finance plc £1,000,000,000 Euro Medium Term Note Programme. The Programme is guaranteed by Close Brothers Limited, the banking division of Close Brothers.

Commenting on the issue, Stephen Hodges, Banking Chief Executive, said: "We are delighted with the level of support that our issue has received from investors.  This issue enhances the diversity of our financing and lengthens its maturity profile. This is in line with our long established, prudent approach to funding the loan book".

Enquiries

Jon Nash - Investor Relations, Close Brothers                                                                                   020 7655 3844

Helen Price- Investor Relations, Close Brothers                                                                                020 7655 3292

Peter Ogden - Media Relations, Maitland                                                                                            020 7379 5151

About Close Brothers

Close Brothers is a modern merchant banking group which makes loans, takes deposits, trades securities and provides financial advice and investment management services.  Close Brothers was established in 1878 and today employs 2,700 people, principally in the UK.  Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250.

This information is provided by RNS

The company news service from the London Stock Exchange

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