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DUBLIN - Experian (OTC:EXPGF) Finance plc, a subsidiary of global data and technology company Experian plc, has priced a $500 million bond issue with a 5.250% coupon rate maturing on August 17, 2035, according to a press release statement issued Wednesday.
The bonds, rated A3 by Moody’s and A- by S&P, will be guaranteed by parent company Experian plc. The issuance is expected to close on June 17, 2025, subject to customary conditions.
Experian indicated the proceeds will be used for general corporate purposes, including potential acquisitions and debt repayment. The bond issue extends the maturity profile of the Group’s debt portfolio while diversifying its funding sources.
The Notes are being sold to qualified institutional buyers in the United States under Rule 144A of the Securities Act of 1933 and to non-US persons outside the United States under Regulation S. The securities have not been registered under the Securities Act.
The company expects the Notes will be admitted to the official list of Euronext (EPA:ENX) Dublin and to trading on the Global Exchange Market.
Experian plc, listed on the London Stock Exchange (LON:LSEG) (LSE:EXPN), operates across 32 countries with approximately 23,300 employees. The company provides data and technology services across various sectors including financial services, healthcare, automotive, and insurance.
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