This site is under development and will be the new home of Wolseley plc, the world’s leading specialist distributor of plumbing and heating products, when we change our name to Ferguson plc on 31 July 2017. Please come back then and visit us then. In the mean time, please visit our current live site below for further information Thank you.www.wolseley.com
Ferguson plc (the “Group”), the world’s leading specialist distributor of plumbing and heating products, is pleased to announce the pricing of an offering of $750million (aggregated principal amount) of 4.5% senior unsecured notes due 2028 (the “Offering”). The Notes will be issued by a wholly-owned subsidiary of Ferguson plc and guaranteed by Ferguson plc and another wholly-owned Group subsidiary. The Offering is expected to close on 24 October 2018.
The Group intends to use the proceeds from the Offering for general corporate purposes and to increase liquidity. The Group’s capital priorities and commitment to maintaining a strong balance sheet are unchanged.
“We are pleased to have successfully priced our debut bond financing at 4.5%. This financing provides additional diversification to the Group’s debt structure whilst extending the maturity profile to support future growth.”
For further information please contact:
Tel: +41 (0) 41 723 2230
Mobile: +44 (0) 7711 875070
Tel: +44 (0) 20 7404 5959