13 Aug 2013 17:00
13 August 2013
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
Thomas Cook Group plc
(the "Company")
Issue of €400,000,000 6.75 per cent. Guaranteed Notes due 2015
ISIN: XS0504303164
(the "Euro Notes")
and
Issue of £300,000,000 7.75 per cent. Guaranteed Notes due 2017
ISIN: XS0504306001
(the "Sterling Notes" and, together with the Euro Notes, the "Notes")
Following the Company's successful implementation of its £1.6 billion Capital Refinancing Plan in June 2013, the Company announces that its subsidiaries, Condor Berlin GmbH and Thomas Cook Nederland BV, acceded as Additional Guarantors in respect of the Notes on 12 August 2013.
Notice will be given to Noteholders in accordance with the Conditions.
Terms used but not otherwise defined in this announcement shall have the meanings given in the respective Conditions of each of the Euro Notes and the Sterling Notes.
Further information:
This announcement follows the Company's recent Interim Management Statement ("IMS"), on 1 August 2013, which reported delivery of a stronger balance sheet, improved operating results, stronger margins, further cost out benefits, improved cash conversion and a number of exciting new web and other product developments. As noted in the IMS by Harriet Green, Chief Executive, the transformation continues apace and "we see huge potential in Thomas Cook and its realisation remains our overriding priority".
Enquiries:
Analysts & Investors - Thomas Cook Investor RelationsGeoffrey Pelham-Lane (Group Head of Investor Relations) +44 20 7557 6414
MediaJenny Peters (Group Head of Communications) +44 7568 105144
Disclaimer:
The Notes and the respective guarantees have not been and will not be registered under the United States Securities Act of 1933, as amended, (the "Securities Act"), or any relevant securities laws of any state of the United States and are subject to U.S. tax law requirements. Subject to certain exceptions, the Notes may not be offered, sold or delivered within the United States or to U.S. persons (as such terms are defined in Regulation S under the Securities Act) or offered, sold or delivered to or for the benefit of any resident of Canada.
This announcement is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy the Notes. The distribution of this document may be restricted by law in certain jurisdictions. Accordingly, persons into whose possession this document may come must inform themselves about, and observe, any such restrictions on the distribution of this document.