UBISOFT SUCCESSFULLY PRICES A €600 MILLION BOND ISSUE

Written by Customer Service on . Posted in Public Companies.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY U.S. PERSON OR IN OR INTO THE UNITED STATES (EACH AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED) OR IN OR INTO CANADA, JAPAN, AUSTRALIA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS PRESS RELEASE.UBISOFT SUCCESSFULLY PRICES A €600 MILLION BOND ISSUEDownload the Press ReleaseParis, November 18, 2020 – Ubisoft today successfully priced a €600m, 7-year (due in November 2027) bond issue, with an annual coupon of 0.878%. The order book reached an amount approaching €3bn and was nearly 5 times oversubscribed.The success of this transaction illustrates investors’ strong confidence in Ubisoft’s group strategy and credit profile.The net proceeds of the bond will be used for general corporate purposes as well as potential future acquisitions. The offering will allow Ubisoft to extend its maturity profile at an attractive cost compared to existing financing instruments and further diversify its debt investor base. This is Ubisoft’s second bond market offering.BNP Paribas, Crédit Agricole CIB, Commerzbank and J.P. Morgan are acting as Joint Global Coordinators, and HSBC and Société Générale are acting as Joint bookrunners.ContactDisclaimer
This press release is for information purposes only and is not an offer to sell or subscribe securities or a solicitation of an order to purchase or subscribe securities in any jurisdiction. The securities mentioned in this press release were not and will not be offered through a public offering other than to qualified investors.
This press release does not constitute an offer for sale of securities in the United States of America or any other jurisdiction in or from which, or to or from any person to or from whom, it is unlawful to make such invitation under applicable securities laws. These securities may not be offered or sold in the United States of America unless they are registered or exempt from the registration requirements of the US Securities Act of 1933, as amended. Ubisoft Entertainment SA does not intend to register any of the securities mentioned in this announcement in the United States or to conduct a public offering of securities in the United States.
This press release is not a prospectus as required under Regulation (EU) 2017/1129 (as amended, the “Prospectus Regulation”). A prospectus will be prepared and made available to the public, in compliance with the Prospectus Regulation, as part of admitting the bonds to trading on the Euronext regulated market in Paris.
This press release does not constitute an offer of securities in France or in any other country. The bonds are the subject of a placement in France and outside France solely to qualified investors as defined in Article 2 point (e) of the Prospectus Regulation and in accordance with Article L. 411-2(1°) of the Monetary and Financial Code.  
Ubisoft Entertainment SA will undertake no action as part of this placement with a view to making a public offering in France or abroad other than to qualified investors. The dissemination of this press release in any country where such dissemination could constitute a violation of applicable legislation is prohibited.
This press release may be sent to persons located in the United Kingdom only under circumstances wherein section 21(1) of the Financial Services and Markets Act 2000 does not apply.About Ubisoft
Ubisoft is a leading creator, publisher and distributor of interactive entertainment and services, with a rich portfolio of world-renowned brands, including Assassin’s Creed, Far Cry®, For Honor®, Just Dance®, Watch Dogs®, Tom Clancy’s video game series including Ghost Recon®, Rainbow Six® and The Division®. The teams throughout Ubisoft’s worldwide network of studios and business offices are committed to delivering original and memorable gaming experiences across all popular platforms, including consoles, mobile phones, tablets and PCs. For the 2019–20 fiscal year, Ubisoft generated net bookings of €1,534 million. To learn more, please visit: www.ubisoftgroup.com.© 2020 Ubisoft Entertainment. All Rights Reserved. Ubisoft and the Ubisoft logo are registered trademarks in the US and/or other countries.AttachmentDownload the Press Release

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.