| Tue 13 Oct 2009, 7:10 | | OML - Old Mutual Plc - Announces that it has launched and priced a GBP500m fixed |
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OML
OLOML
OML - Old Mutual Plc - Announces that it has launched and priced a GBP500m fixed
rate senior Bond
OLD MUTUAL PLC
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
Old Mutual plc announces that it has launched and priced a GBP500m fixed rate
senior Bond
Details of the Bond are as follows:
Due 19 October 2016, coupon 7.125% (semi-annual).
Reoffer price 99.323
Lead managers are Barclays Capital, Deutsche Bank and Royal Bank of Scotland and
co-leads are Calyon, RBC Capital Markets and Societe Generale.
The settlement date for the issue is 19 October 2009.
The issue is being made under the Company`s GBP3.5 billion Euro Note Programme
and will be listed in London in denominations of GBP50,000 and GBP1,000.
The bond is senior and unsecured and is rated Baa1/BBB by Moody`s and Fitch.
FSA stabilisation.
Use of proceeds - General corporate purposes
For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com
Enquiries
Investor Relations
Patrick Bowes UK +44 (0)20 7002 7440
Deward Serfontein SA +27 (0)82 810 5672
Media
Matthew UK / SA +44 (0)20 7002 7133
Gregorowski
+44 (0)7748 183 834
Don Hunter UK +44 (0)20 7251 3801
(Finsbury)
12 October 2009
Sponsor
Merrill Lynch South Africa (Pty) Limited
Notes to Editors
Old Mutual
Old Mutual plc is a leading international long-term savings Group. Originating
in South Africa in 1845, the Group provides life assurance, asset management,
banking and general insurance in Europe, the Americas, Africa and Asia. Old
Mutual plc is listed on the London Stock Exchange and the JSE, among others.
In the year ended 31 December 2008, the Group reported adjusted operating profit
of GBP1.0 billion (on an IFRS basis) and had GBP265 billion of funds under
management at the year end. The Group has approximately 57,000 employees.
Date: 13/10/2009 07:10:02 Produced by the JSE SENS Department.
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