Wolters Kluwer successfully prices €500 million five-year Eurobond

Rhea-AI Summary

Wolters Kluwer (WTKWY) has successfully priced a new €500 million five-year senior unsecured Eurobond offering. The bonds were issued at 99.975% of face value with a 3.000% annual coupon rate and will mature on September 25, 2030. The securities, expected to receive an A- rating from S&P Global Ratings, were distributed to various institutional investors across Europe. The settlement date is set for June 30, 2025, and the bonds will be listed on the Luxembourg Stock Exchange's Official List. The company plans to use the net proceeds for general corporate purposes. Barclays, Commerzbank, Deutsche Bank, IMI – Intesa Sanpaolo, and SMBC served as joint active bookrunners for the offering.

Positive

• Successful placement of €500 million Eurobond demonstrates strong market confidence
• Expected A- credit rating from S&P indicates solid creditworthiness
• Broad institutional investor base across Europe shows strong demand
• Relatively moderate 3.000% coupon rate for a five-year bond

Negative

• New debt issuance increases company's leverage and interest expenses
• Potential impact on future cash flows due to interest payments

PRESS RELEASE

Wolters Kluwer successfully prices €500 million five-year Eurobond

Alphen aan den Rijn – June 23, 2025 – Wolters Kluwer, a global leader of professional information solutions, software, and services, today announced that it has successfully priced a new €500 million five-year senior unsecured Eurobond.

The bonds were sold at an issue price of 99.975 per cent and carry an annual coupon of         
3.000 per cent. The settlement date has been set for June 30, 2025. The securities were placed with a broad range of institutional investors across Europe.

The senior unsecured bonds will mature on September 25, 2030. The notes are expected to be rated A- by S&P Global Ratings Europe Limited. The net proceeds of the offering will be used for general corporate purposes.

Barclays, Commerzbank, Deutsche Bank, IMI – Intesa Sanpaolo and SMBC acted as joint active bookrunners. The bonds will be listed on the Official List of the Luxembourg Stock Exchange.

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About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in information solutions, software, and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. 

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX, Euro Stoxx 50 and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.

Media	Investors/Analysts
Stefan Kloet	Meg Geldens
Wolters Kluwer Global Communications	Wolters Kluwer Investor Relations
m +316 12 22 36 57 stefan.kloet@wolterskluwer.com	ir@wolterskluwer.com

Forward-looking Statements and Other Important Legal Information
This report contains forward-looking statements. These statements may be identified by words such as “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; conditions created by any pandemics; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Trademarks referenced are owned by Wolters Kluwer N.V. and its subsidiaries and may be registered in various countries.

Attachment

• 2025.06.23 Wolters Kluwer successfully prices €500 million 5-year Eurobond

FAQ

What is the size and terms of Wolters Kluwer's (WTKWY) new Eurobond offering?

Wolters Kluwer's new Eurobond offering is €500 million with a five-year term, 3.000% annual coupon, and was issued at 99.975% of face value.

When will Wolters Kluwer's (WTKWY) new Eurobond mature?

The Eurobond will mature on September 25, 2030.

What is the expected credit rating for Wolters Kluwer's new Eurobond?

The bonds are expected to be rated A- by S&P Global Ratings Europe Limited.

How will Wolters Kluwer use the proceeds from the Eurobond offering?

The net proceeds from the offering will be used for general corporate purposes.

Which banks acted as bookrunners for Wolters Kluwer's Eurobond offering?

Barclays, Commerzbank, Deutsche Bank, IMI – Intesa Sanpaolo, and SMBC acted as joint active bookrunners.