4 April 2019
Vodafone Group Plc
VODAFONE CLOSES US$2 BILLION HYBRID SECURITIES OFFERING
On 4 April 2019, Vodafone closed a US$2 billion hybrid securities offering. The securities are due on 4 April 2079. Vodafone has applied to list the securities on the New York Stock Exchange. The securities have a euro equivalent rate of 4.38%.
This concludes Vodafone's funding requirements for the acquisition of Liberty Global's assets in Germany, the Czech Republic, Hungary and Romania, having raised a total of €20 billion at an average euro equivalent rate of 2.3% and a weighted average maturity of 9.7 years.
This announcement contains "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995 with respect to the use of proceeds from Vodafone's SEC-registered capital securities offering. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.
A review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found by referring to the information contained under the heading "Risk management'' beginning on page 38 of Vodafone's Annual Report on Form 20-F for the financial year ended 31 March 2018 and ''Risk Factors'' on page 20 of Vodafone's Half-Year Report for the six months ended 30 September 2018. The Half-Year Report and the Annual Report on Form 20-F can be found on Vodafone's website (www.vodafone.com/investor). Except as otherwise stated herein and as may be required to comply with applicable law and regulations, Vodafone does not intend to update these forward-looking statements and does not undertake any obligation to do so.
Investor Relations: Telephone +44 (0) 7919 990 230
The distribution of this announcement in certain jurisdictions may be restricted and accordingly it is the responsibility of any person into whose possession the announcement comes to inform themselves about and observe such restrictions.
This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.
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