Friday, June 14, 2019

Cabot Credit Management announces closing of €400 million Senior Secured Floating Rate Notes Offering

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News Release

14 June 2019

Cabot Credit Management announces closing of €400 million Senior Secured Floating Rate Notes Offering

 

West Malling, Kent—Cabot Credit Management Limited (“CCM”) announced today that its 100%

indirectly owned subsidiary Cabot Financial (Luxembourg) II S.A. (the “Issuer”) has closed an

offering for €400 million aggregate principal amount of Senior Secured Floating Rate Notes due 2024

(the “Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the

Securities Act of 1933, as amended, and outside the United States to certain non-U.S. persons pursuant

to Regulation S under the Securities Act of 1933, as amended (the “Offering”). The gross proceeds of

the Offering were €400 million.

 

For media enquiries, please contact:

Becky Cimelli

PR Manager, Cabot Credit Management

Tel: +44 (0) 7780 495082

Email: [email protected]

For Investor Relations:

Mr. Craig Buick

Chief Financial Officer, Cabot Credit Management

Tel: +44 1753 724049

Email: [email protected]

 

Forward-Looking Statements

The statements in this press release that are not historical facts, including, most importantly, those

statements preceded by, or that include, the words “may,” “believe,” “projects,” “expects,”

“anticipates” or the negation thereof, or similar expressions, constitute “forward-looking

statements” within the meaning of the securities laws of certain jurisdictions. These statements may

include, but are not limited to, statements regarding the actual terms of the notes, the completion,

timing and size of the proposed private offering, the anticipated use of proceeds from the offering. For

all “forward- looking statements,” CCM claims the protection of any available safe harbor for

forward-looking statements contained in such securities laws. Such forward-looking statements

involve risks, uncertainties and other factors which may cause actual results, performance or

achievements of CCM and its subsidiaries to be materially different from any future results,

performance or achievements expressed or implied by such forward-looking statements. CCM

disclaims any intent or obligation to update these forward-looking statements. Given these risks and

uncertainties, you should not rely on forward-looking statements as a prediction of actual results.

 

Important Regulatory Notice

This press release is for information purposes only and does not constitute a prospectus or any

offer to sell or the solicitation of an offer to buy any security in the United States of America or

in any other jurisdiction. The Notes have not been and will not be registered under the U.S.

Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the

United States absent registration or an applicable exemption from registration requirements.

 

This announcement is being distributed only to, and is directed at (a) persons who have professional

experience in matters relating to investments who fall within Article 19(1) of the Financial Services

and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (b) high net worth

entities, and other persons to whom it may otherwise lawfully be communicated, falling within Article

49(1) of the Order (all such persons together being referred to as “relevant persons”). The

investments to which this announcement relates are available only to, and any invitation, offer or

agreement to subscribe, purchase or otherwise acquire such investments will be available only to or

will be engaged in only with, relevant persons. Any person who is not a relevant person should not act

or rely on this document or any of its contents. Persons distributing this announcement must satisfy

themselves that it is lawful to do so.

The Euro MTF Market is not a regulated market pursuant to the provisions of Directive 2004/39/EC. There can

be no assurance that the Issuer’s application for the listing of the Notes on the Luxembourg Stock Exchange and

the Euro MTF market will be accepted.

MiFID II professionals/ECPs-only – Manufacturer target market (MIFID II product governance) is eligible

counterparties and professional clients only (all distribution channels).