Getlink SE today announced its intention to offer, subject to market conditions, its inaugural
issue of Senior Secured Notes due in 2023.
In line with the Group’s focus on sustainability, the Notes will be classified as Green Bonds1
This offering has been made possible thanks to various measures put in place in 2015 and
2017 to manage the Group’s financing.
The notes will not be made available to retail investors as stated below.
The Company intends to use the net proceeds of the Offering to repay the £190 million bank
loan incurred in February 2018 by the Company’s subsidiary Eurotunnel Agent Services
Limited to purchase the G2 bonds2 and to finance capital expenditure in relation to the Group’s
The Company has appointed BNP PARIBAS and Goldman Sachs International to be the joint
global coordinators and active bookrunners, and Deutsche Bank to be the joint bookrunner,
for the Offering.
Result of the Offering will be confirmed towards the end of the week.
THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF GETLINK SE OR ANY OF ITS AFFILIATES. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA OR
ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. PLEASE SEE THE IMPORTANT NOTICE BELOW:
This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration, or an exemption from registration, under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”). The Offering described in this announcement has not been and will not be registered under the Securities Act. There will be no public offering of these securities in the United States.
1 The notes will would meet the criteria of the International Capital Markets Association’s Green Bond Principles, as certified by
DNV GL Business Assurance Services UK Limited; which has issued a positive opinion on their eligibility
2 Those G2 bonds were issued by Channel Link Enterprises Finance plc in connection with the securitisation of the Eurotunnel’s term loans.