Capital/Financing Update • Jun 20, 2022
Capital/Financing Update
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Not to publish, distribute or release, directly or indirectly, in or into the United States of America, Canada, Australia, South Africa or Japan and in any other jurisdiction in which it is unlawful to release, publish or distribute this press release.
PRESS RELEASE
€500 MILLION WITH A 7-YEAR MATURITY AND AN ANNUAL COUPON OF 3.750%
PARIS, June 20, 2022 – Teleperformance SE (the "Company"), the global leader in outsourced customer and citizen experience management and related digital services, successfully placed its first Sustainability-Linked Notes (the "New Notes") for an amount of €500 million, with an annual coupon of 3.750%, due June 2029.
The proceeds of the New Notes will be allocated to the repurchase of notes targeted under a tender offer launched by the Company, and the balance (if any) of the proceeds of the New Notes will be used for the Company's general corporate purposes.
With this issue under its €4,000,000,000 EMTN programme pursuant to its base prospectus as supplemented, the Company is optimizing its debt profile and further aligning its financing strategy with its CSR ambitions.
The final terms of the New Notes together with the Company's base prospectus and supplements thereto will be available on Teleperformance's website at the following address: https://fr.www.teleperformance.com/enus/investors/publications-and-events/debt-and-bond-investors/.
Teleperformance (TEP – ISIN: FR0000051807 – Reuters: TEPRF.PA - Bloomberg: TEP FP), the global leader in outsourced customer and citizen experience management and related digital services, serves as a strategic partner to the world's largest companies in many industries. It offers a One Office support services model including end-to-end digital solutions, which guarantee successful customer interaction and optimized business processes, anchored in a unique, comprehensive high touch, high tech approach. Nearly 420,000 employees, based in 88 countries, support billions of connections every year in over 265 languages and around 170 markets, in a shared commitment to excellence as part of the "Simpler, Faster, Safer" process. This mission is supported by the use of reliable, flexible, intelligent technological solutions and compliance with the industry's highest security and quality standards, based on Corporate Social Responsibility excellence. In 2021, Teleperformance reported consolidated revenue of €7,115 million (US\$8.4 billion, based on €1 = \$1.18) and net profit of €557 million.
Teleperformance shares are traded on the Euronext Paris market, Compartment A, and are eligible for the deferred settlement service. They are included in the following indices: CAC 40, STOXX 600, S&P Europe 350 and MSCI Global Standard. In the area of corporate social responsibility, Teleperformance shares are included in the Euronext Vigeo Euro 120 index since 2015, the EURO STOXX 50 ESG index since 2020, the MSCI Europe ESG Leaders index since 2019, the FTSE4Good index since 2018 and the S&P Global 1200 ESG index since 2017.
For more information: www.teleperformance.com Follow us on Twitter: @teleperformance
This press release does not constitute or form part of any offer or solicitation to purchase or subscribe for or to sell securities and the issue of the New Notes will not be an offer to the public (other than to qualified investors) in any jurisdiction, including France.
This press release may not be published, distributed or released, directly or indirectly, in the United States of America, Australia, Canada, South Africa or Japan or in any jurisdiction in which the offer of the New Notes is unlawful. The distribution of this press release may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes, should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
No communication or information relating to the offering of the New Notes may be transmitted to the public in a country where there is a registration obligation or where an approval is required. No action has been or will be taken in any country in which such registration or approval would be required. The issuance or the subscription of the New Notes may be subject to legal and regulatory restrictions in certain jurisdictions; the Company assumes no liability in connection with the breach by any person of such restrictions.
The New Notes will be offered only by way of a placement in France and/or outside France (excluding the United States of America, Australia, Canada, South Africa and Japan), solely to qualified investors (investisseurs qualifiés) as defined in Article 2(e) of the Prospectus Regulation (as defined below). There will be no public offering in any country (including France) in connection with the New Notes, other than to qualified investors. This press release does not constitute a recommendation concerning the issue of the New Notes. The value of the New Notes can decrease as well as increase. Potential investors should consult a professional adviser as to the suitability of the investment in the New Notes for the person concerned.
The New Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area ("EEA"). For these purposes, the expression "retail investor" means a person who is one (or more) of the following:
Consequently no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the New Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the New Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
The New Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the United Kingdom ("UK"). For these purposes, the expression "retail investor" means a person who is one (or more) of the following:
Consequently, no key information document required by Regulation (EU) No 1286/2014 as it forms part of UK domestic law by virtue of the EUWA (the "UK PRIIPs Regulation") for offering or selling the New Notes or otherwise making them available to retail investors in the UK has been prepared and therefore offering or selling the New Notes or otherwise making them available to any retail investor in the UK may be unlawful under the UK PRIIPs Regulation.
The New Notes will only be offered or sold, directly or indirectly, in France, and this press release, the Company's base prospectus, the final terms of the New Notes or any other offering material relating to the New Notes will only be distributed or caused to be distributed in France, to qualified investors as defined in Article 2(e) of the Prospectus Regulation pursuant to Article L.411-2 1° of the French Code monétaire et financier.
The New Notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or with any securities regulatory authority of any State or other jurisdiction in the United States of America, and may not be offered or sold, directly or indirectly, in the United States of America except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act or such state securities laws. The New Notes are being offered and sold outside of the United States of America to non-U.S. persons pursuant to and in reliance on Regulation S under the Securities Act ("Regulation S"). Terms used in this paragraph and not otherwise defined have the meanings given to them in Regulation S.
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