Guaranteed senior note offering
September 19 2003 - 10:10AM
UK Regulatory
For immediate release 19 September 2003
CADBURY SCHWEPPES ANNOUNCES GUARANTEED SENIOR NOTE OFFERING
Cadbury Schweppes announces that its subsidiary, Cadbury Schweppes US Finance
LLC, is making a two tranche dollar denominated offering of guaranteed senior
notes. The Company expects to complete the offering in the near future.
Proceeds from the transaction will be used to repay outstanding indebtedness
under Cadbury Schweppes Finance plc's commercial paper programmes incurred in
connection with the Adams acquisition.
The issue will be fully and unconditionally guaranteed by Cadbury Schweppes
plc. The securities offered have not been registered under the US Securities
Act of 1933 (the "Securities Act") and may not be offered or sold in the United
States absent registration or an exemption from the registration requirements
of the Securities Act. Accordingly, the securities will be offered and sold
only (1) inside the United States to Qualified Institutional Buyers ("QIB's")
in compliance with Rule 144A under the Securities Act and (2) outside the US in
offshore transactions as defined under Regulation S under the Securities Act.
This press release does not constitute an offer to sell or the solicitation of
an offer to buy debt securities in the US or any other jurisdiction.
Ends
For further information:
Cadbury Schweppes plc: 020-7409-1313
http://www.cadburyschweppes.com
Bond and Equity Enquiries 020-7830-5095
Sally Jones
Marie Wall
Media Enquiries 020-7409 1313
Sarah Pelling
The Maitland Consultancy 020-7379-5151
Angus Maitland
Philip Gawith
END