Pricing of US$350 million Senior Secured PIK Notes
Summary
The offering of Notes has been made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.MiFID II professionals/ ECPs-only / No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels).No PRIIPs key information document (KID) has been prepared as not available to retail in EEA.This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities referred to in this announcement, in any jurisdiction, including the United States, in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.Proceeds from the issuance of the Notes, net of expenses, will be used to provide liquidity to the shareholders of ARD Holdings.