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UCB (EBR:UCB) UCB Media Room: Completion of institutional Eurobond offering

Directive transparence : information réglementée

23/03/2021 20:03
https://mb.cision.com/Public/18595/3312798/9be1329cdd27d760_800x800ar.jpg ** UCB completes institutional Eurobond offering ------------------------------------------------------------ Brussels (Belgium), 23 March 2021 =E2=80=93 20:00 CET =C2=A0 UCB SA/NV (Euronext: UCB) announces today that it has completed the offerin= g of EUR 500 million senior unsecured bonds, due March 2028 (the =E2=80=9CB= onds=E2=80=9D), to be issued under its EUR 5 billion EMTN Programme. The Bonds will be issued at 99.751 per cent on March 30, 2021 and will be r= edeemed at 100 per cent of their principal amount on March 30, 2028. They w= ill bear interest at an annual rate of 1.000 per cent.=C2=A0 Consistent with UCB=E2=80=99s prudent financial strategy, the Bonds are iss= ued to strengthen its balance sheet by partly refinancing the term loan deb= t incurred in April 2020 in connection with the acquisition of Ra Pharmaceu= ticals, Inc., at attractive terms. Sandrine Dufour, Chief Financial Officer, UCB, commented, =E2=80=9CWe are v= ery pleased with the confidence investors have shown in us through their po= sitive response to this bond offering. The success of this =C2=A0transactio= n underlines UCB=E2=80=99s access to the debt capital markets and allows us= to diversify our lender base and extend our debt maturity profile.=E2=80= =9D The Bonds were placed with qualified institutional investors across Europe.= The transaction was conducted by BNP Paribas, Cr=C3=A9dit Agricole CIB and= ING, acting as Global Coordinators and Active Joint Lead Managers and Comm= erzbank and SMBC Nikko, acting as Active Joint Lead Managers for the offeri= ng. BofA Securities, IMI - Intesa Sanpaolo, KBC Bank, Mizuho Securities and= Wells Fargo Securities acted as Passive Joint Lead Managers. The Bonds are= expected to be listed on the regulated market of Euronext Brussels. This press release does not constitute an offer to sell or a solicitation t= o buy any securities, and the offer of the Bonds by UCB does not constitute= a public offering. For further information Antje Witte, Investor Relations, UCB T +32 2 559 9414, antje.witte@ucb.com=C2=A0 About UCB UCB, Brussels, Belgium (www.ucb.com) is a global biopharmaceutical company = focused on the discovery and development of innovative medicines and soluti= ons to transform the lives of people living with severe diseases of the imm= une system or of the central nervous system. With more than 8 000 people op= erating=C2=A0in more than 40 countries, the company generated revenue of = =E2=82=AC 5.3 billion in 2020. UCB is listed on Euronext Brussels (symbol: = UCB). Follow us on Twitter: @UCB_news Disclaimer THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN OR INT= O THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR IN ANY OTHER JURISDICTIO= N IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW.=C2=A0 THIS ANNOUNCEMENT IS FOR GENERAL INFORMATION ONLY AND DOES NOT FORM PART OF= ANY OFFER TO SELL OR EXCHANGE, OR THE SOLICITATION OF ANY OFFER TO BUY OR = EXCHANGE, SECURITIES. THE DISTRIBUTION OF THIS ANNOUNCEMENT AND THE OFFER A= ND SALE OR EXCHANGE OF THE SECURITIES DESCRIBED IN THIS ANNOUNCEMENT MAY BE= RESTRICTED BY LAW IN CERTAIN JURISDICTIONS. EACH PERSON READING THIS ANNOU= NCEMENT SHOULD INFORM HIMSELF OF AND OBSERVE ANY SUCH RESTRICTIONS. MORE SP= ECIFICALLY, INVESTORS ARE INVITED TO TAKE INTO ACCOUNT THE =E2=80=9CSUBSCRI= PTION AND SALE=E2=80=9D SECTION OF THE EMTN BASE PROSPECTUS OF UCB. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES IN THE UNITED STATES OR ANY= OTHER JURISDICTION. THE BONDS MAY NOT BE OFFERED NOR SOLD OR EXCHANGED IN = THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UND= ER THE US SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"). UCB HA= S NOT REGISTERED AND DOES NOT INTEND TO REGISTER ANY PORTION OF THE OFFERIN= G UNDER THE SECURITIES ACT OR THE SECURITIES LAWS OF ANY STATE OF THE UNITE= D STATES, OR OTHER RELEVANT JURISDICTIONS WITHIN THE UNITED STATES, OR TO C= ONDUCT A PUBLIC OFFERING OF ANY SECURITIES IN THE UNITED STATES. THE OFFERI= NG IS BEING CONDUCTED OUTSIDE THE UNITED STATES IN ACCORDANCE WITH REGULATI= ON S UNDER THE SECURITIES ACT. THIS PRESS RELEASE AND THE OFFERING WHEN MADE ARE ONLY ADDRESSED TO, AND DI= RECTED AT PERSONS WHO ARE =E2=80=9CQUALIFIED INVESTORS=E2=80=9D (=E2=80=9CQ= UALIFIED INVESTORS=E2=80=9D) WITHIN THE MEANING OF REGULATION (EU) 2017/112= 9 (AS AMENDED, THE =E2=80=9CPROSPECTUS REGULATION=E2=80=9D) IN MEMBER STATE= S OF THE EUROPEAN ECONOMIC AREA (THE =E2=80=9CEEA=E2=80=9D) AND THE UNITED = KINGDOM (AS THE PROSPECTUS REGULATION FORMS PART OF DOMESTIC LAW BY VIRTUE = OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (THE =E2=80=9CEUWA=E2=80=9D)). = THE DISTRIBUTION OF THIS PRESS RELEASE MAY BE RESTRICTED BY LAW IN CERTAIN = JURISDICTIONS AND PERSONS INTO WHOSE POSSESSION ANY DOCUMENT OR OTHER INFOR= MATION REFERRED TO HEREIN COMES SHOULD INFORM THEMSELVES ABOUT AND OBSERVE = ANY SUCH RESTRICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CON= STITUTE A VIOLATION OF THE SECURITIES LAWS OF ANY SUCH JURISDICTION.=C2=A0 THIS COMMUNICATION IS DIRECTED ONLY AT, AND IS FOR DISTRIBUTION IN THE UNIT= ED KINGDOM ONLY TO (I) INVESTMENT PROFESSIONALS FALLING WITHIN ARTICLE 19(5= ) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDE= R 2005 OR (II) HIGH NET WORTH ENTITIES AND OTHER PERSONS TO WHOM IT MAY LAW= FULLY BE COMMUNICATED, FALLING WITHIN ARTICLE 49(2)(A) TO (D) OF THE ORDER = (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS "RELEVANT PERSONS"). ANY IN= VESTMENT ACTIVITY REFERRED TO IN THIS COMMUNICATION IS AVAILABLE ONLY TO RE= LEVANT PERSONS AND WILL BE ENGAGED IN ONLY WITH RELEVANT PERSONS. THE BONDS ARE NOT INTENDED TO BE OFFERED, SOLD OR OTHERWISE MADE AVAILABLE = TO AND SHOULD NOT BE OFFERED, SOLD OR OTHERWISE MADE AVAILABLE TO ANY RETAI= L INVESTOR AND UK RETAIL INVESTORS. FOR THESE PURPOSES, A =E2=80=9CRETAIL I= NVESTOR=E2=80=9D MEANS (I) A RETAIL CLIENT AS DEFINED IN POINT (11) OF ARTI= CLE 4(1) OF DIRECTIVE 2014/65/EU (AS AMENDED, =E2=80=9CMIFID II=E2=80=9D); = (II) A CUSTOMER WITHIN THE MEANING OF DIRECTIVE 2016/97/EU (AS AMENDED, THE= =E2=80=9CINSURANCE DISTRIBUTION DIRECTIVE=E2=80=9D), WHERE THAT CUSTOMER W= OULD NOT QUALIFY AS A PROFESSIONAL CLIENT AS DEFINED IN POINT (10) OF ARTIC= LE 4(1) OF MIFID II; (III) OR NOT A QUALIFIED INVESTOR AS DEFINED IN THE PR= OSPECTUS REGULATION. A =E2=80=9CUK RETAIL INVESTOR=E2=80=9D MEANS (I) A RET= AIL CLIENT, AS DEFINED IN POINT (8) OF ARTICLE 2 OF REGULATION (EU) NO 2017= /565 AS IT FORMS PART OF DOMESTIC LAW BY VIRTUE OF THE EUWA; (II) A CUSTOME= R WITHIN THE MEANING OF THE PROVISIONS OF THE FINANCIAL SERVICES AND MARKET= S ACT 2000 (THE =E2=80=9CFSMA 2000=E2=80=9D) AND ANY RULES OR REGULATIONS M= ADE UNDER THE FSMA 2000 TO IMPLEMENT THE INSURANCE DISTRIBUTION DIRECTIVE, = WHERE THAT CUSTOMER WOULD NOT QUALIFY AS A PROFESSIONAL CLIENT, AS DEFINED = IN POINT (8) OF ARTICLE 2(1) OF REGULATION (EU) NO 600/2014 AS IT FORMS PAR= T OF DOMESTIC LAW BY VIRTUE OF THE EUWA; OR (III) NOT A QUALIFIED INVESTOR = AS DEFINED IN ARTICLE 2 OF THE PROSPECTUS REGULATION AS IT FORMS PART OF DO= MESTIC LAW BY VIRTUE OF THE EUWA. CONSEQUENTLY, UCB HAS NOT PREPARED A KEY = INFORMATION DOCUMENT REQUIRED BY REGULATION (EU) NO 1286/2014 (AS AMENDED, = THE =E2=80=9CPRIIPS REGULATION=E2=80=9D) FOR OFFERING OR SELLING THE NOTES = OR OTHERWISE MAKING THEM AVAILABLE TO RETAIL INVESTORS IN THE EEA OR IN THE= UNITED KINGDOM AND THEREFORE OFFERING OR SELLING THE NOTES OR OTHERWISE MA= KING THEM AVAILABLE TO ANY RETAIL INVESTOR IN THE EEA OR IN THE UNITED KING= DOM MAY BE UNLAWFUL UNDER THE PRIIPS REGULATION. THE BONDS ARE NOT INTENDED TO BE OFFERED, SOLD OR OTHERWISE MADE AVAILABLE,= AND SHOULD NOT BE OFFERED, SOLD OR OTHERWISE MADE AVAILABLE, IN BELGIUM TO= =E2=80=9CCONSUMERS=E2=80=9D (CONSUMENTEN/CONSOMMATEURS) WITHIN THE MEANING= OF THE BELGIAN CODE OF ECONOMIC LAW (WETBOEK ECONOMISCH RECHT/CODE DE DROI= T ECONOMIQUE), AS AMENDED. EACH PERSON WHO INITIALLY ACQUIRES ANY BONDS OR = TO WHOM ANY OFFER OF BONDS MAY BE MADE AND, TO THE EXTENT APPLICABLE, ANY F= UNDS ON BEHALF OF WHICH SUCH PERSON IS ACQUIRING THE BONDS WILL BE DEEMED T= O HAVE REPRESENTED, ACKNOWLEDGED AND AGREED THAT IT IS NOT A CONSUMER WITHI= N THE MEANING OF THE BELGIAN CODE OF ECONOMIC LAW.=C2=A0 ANY DECISION TO PURCHASE ANY OF THE BONDS SHOULD ONLY BE MADE ON THE BASIS = OF THE BASE PROSPECTUS OF UCB, WHICH IS AVAILABLE ON UCB=E2=80=99S WEBSITE.= EACH OF UCB, THE LEAD MANAGERS, THE MANAGERS AND THEIR RESPECTIVE AFFILIAT= ES EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO UPDATE, REVIEW OR R= EVISE ANY STATEMENT CONTAINED IN THIS PRESS RELEASE WHETHER AS A RESULT OF = NEW INFORMATION, FUTURE DEVELOPMENTS OR OTHERWISE. RELEASE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE IS FORBIDDEN IN = ANY COUNTRY WHERE IT WOULD VIOLATE APPLICABLE LAWS OR REGULATIONS. GenericFile PR UCB bond offering Results FRA (https://mb.cision.com/Public/18595/331279= 8/86d6d82f1ed421cc.pdf) GenericFile PR UCB bond offering Results NLD (https://mb.cision.com/Public/18595/331279= 8/a3125465ede2e39e.pdf) GenericFile PR UCB bond offering Results ENG (https://mb.cision.com/Public/18595/331279= 8/ba66f2882cc7d073.pdf)=0D =0D ______________________=0D If you would rather not receive future communications from UCB SA, please g= o to https://eu.vocuspr.com/OptOut.aspx?2973226x20421x64846x1x6868579x24000= x6&Email=3Dregnews%40symexglobal.com.=0D UCB SA, All=C3=A9e de la Recherche, 60 ., Brussels, . B - 1070 Belgium=