TMF Group Holding B.V. Announces Launch Of Tap Issuance On Floating Rate Senior Secured Notes Due 2018 And Fixed Rate Senior Notes Due 2019

Profession:TMF Group

TMF Group Holding B.V. , a global outsourced business services provider, today announced that it has launched a tap issuance of €45,000,000 on its existing floating rate senior secured notes due 2018 with a coupon of Euribor plus 537.5 bps. TMF Group Holding B.V. is also offering an additional €20,000,000 of its fixed rate senior notes due 2019 with a coupon of 9.875%. The net proceeds from the offering, if completed, will be used to fund the pending acquisition of KCS Limited, an independent corporate services company, as well as for working capital and general corporate purposes, which may include future acquisitions. Following completion, the aggregate outstanding amounts of the floating rate senior secured notes and fixed rate senior notes will be €450,000,000 and €195,000,000 respectively.

Cautionary Statement

The securities being offered...

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