US EditionTHE WEIR GROUP PLC ANNOUNCES THE PRICING OF ITS TENDER OFFER FOR SUSTAINABILITY-LINKED NOTES DUE 2026
- On May 2, 2025, in Glasgow, The Weir Group PLC disclosed the pricing details of its cash tender offer to repurchase all of its 2.200% Sustainability-Linked Notes maturing in 2026.
- The offer follows the terms set in an April 28, 2025 Offer to Purchase and depends on the completion of a new notes offering by the Company’s subsidiary, Weir Group Inc.
- The Notes Consideration equals $975.00 per $1,000 principal, based on a fixed 95 basis points spread plus a 3.797% yield from the U.S. Treasury Reference Security due April 30, 2027, quoted at 11:00 a.m.
- Holders who validly tender their Notes will receive the consideration plus accrued interest from the last payment date, with settlement expected on May 7, 2025, subject to possible extension.
- The offer information is provided solely for disclosure under EU MAR, UK MAR, and U.S. Securities laws, with caution advised against undue reliance on forward-looking statements and no recommendations made.
Insights by Ground AI
Does this summary seem wrong?
33 Articles
33 Articles
All
Left
2
Center
8
Right
3
Bennington Banner+32 Reposted by 32 other sources
THE WEIR GROUP PLC ANNOUNCES THE PRICING OF ITS TENDER OFFER FOR SUSTAINABILITY-LINKED NOTES DUE 2026
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON RESIDENT AND/OR LOCATED IN, ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION IS UNLAWFUL
Coverage Details
Total News Sources33
Leaning Left2Leaning Right3Center8Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
15%
C 62%
R 23%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
