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Experian Prices $500 Million Bond Issue

Why we think this is good

The bond issue is a positive development for Experian, as it extends the maturity of the Group's debt portfolio and diversifies its funding sources. The net proceeds will be used for general corporate purposes, including potential acquisitions and debt repayment. The bond issue is a firm, binding agreement with a reasonable coupon rate, and the timeline for completion is relatively near-term. Overall, this news is a good sign for Experian's financial position and flexibility.

Key Points

  • Experian Finance plc, a subsidiary of Experian plc, has priced a $500 million 5.250% bond issue due 17 August 2035
  • The bond issue will extend the maturity of the Group's debt portfolio and diversify its funding sources
  • The net proceeds will be used for general corporate purposes, including potential acquisitions and debt repayment
  • The bond issue is scheduled to close on 17 June 2025, subject to customary conditions

Summary

The global data and technology company has priced a $500 million bond issue, extending its debt maturity and diversifying funding sources.

Experian plc, the global data and technology company, has announced that its subsidiary, Experian Finance plc, has priced an issue of $500 million 5.250% bonds due 17 August 2035. The bond issue will extend the maturity of the Group's debt portfolio and diversify its funding sources. The net proceeds will be used for general corporate purposes, including potential acquisitions and the repayment of debt. The issue is scheduled to close on 17 June 2025, subject to customary conditions.

Key Dates

17 June 2025
Bond issue scheduled to close
GENERAL UPDATE