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CSL Ltd. — Capital/Financing Update 2024
Mar 26, 2024
17854_rns_2024-03-26_d700e5e4-246b-479d-90ea-5aabefe5d109.pdf
Capital/Financing Update
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For immediate release
27 March 2024
CSL prices US$1.25 billion in Corporate Bonds
CSL Limited (ASX:CSL; USOTC:CSLLY) today announces it has priced US$1.25 billion corporate bonds in the United States 144A / Reg S market.
The notes will be issued by CSL Finance Plc and guaranteed by the parent company, CSL Limited, and certain of its subsidiaries. The principal amount, tenor and coupon for the notes are:
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US$500m 10-year at a fixed rate coupon of 5.106%
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• US$750m 30-year at a fixed rate coupon of 5.417%
CSL intends to use the cash proceeds from the offering to refinance existing bank debt and the remainder for general corporate purposes.
Settlement of the notes is expected to occur on 3 April 2024, subject to customary closing conditions.
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Disclaimer
This announcement is not an offer of securities. The securities referred to in this announcement have not been, and will not be, registered under the United States Securities Act of 1933 (the “US Securities Act”) or under the securities laws of any State or other jurisdiction of the US and may not be offered or sold in the US or to, or the benefit or account of, “US persons” (as defined in Regulation S under the US Securities Act) without registration unless in a transaction exempt from, or not subject to, the registration requirements of the US Securities Act and applicable US State securities laws.
This announcement includes “forward looking statements” within the meaning of the United States Securities Exchange Act of 1934. Forward looking statements inherently involve known and unknown risks and uncertainties. CSL provides no assurance that the forward looking statements contained herein will prove accurate. No undue reliance should be placed on any forward looking statements.
Authorised by Fiona Mead Company Secretary
FURTHER INFORMATION
For further information, please contact:
Investors: Media: Mark Dehring Bernadette Murdoch Head of Investor Relations Communications, Asia Pacific CSL Limited CSL Limited Telephone: +613 9389 3407 Mobile +61 449 950 745 Email: [email protected] Email: [email protected]
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