Stock Exchange Announcements
Issue of debt
Friday 19 September 2008
FirstGroup plc announces that it has today issued £300,000,000 8.125 per cent. bonds due 19 September 2018.
As announced on 12 September 2008, the Group has arranged for the proceeds to be initially swapped into fixed-rate US dollars at 6.9%. The proceeds will be used to repay existing debt, specifically a further portion of the Laidlaw acquisition term loan maturing in 2010.
For further information, please contact:
Nick Chevis
Acting Group Finance Director
FirstGroup plc
Tel: 020 7291 0512
Rachael Borthwick
Group Corporate Communications Director
FirstGroup plc
Tel: 020 7291 0508