2004 Press Releases
15/10/2004
Keller raises $100m through U.S. private placement
Keller Group plc (“Keller” or the “Group”), the international specialist ground engineering group, announces that it has raised $100m through a private placement with US institutions. The issue of $30m 5.05% notes due 2011 and $70m 5.48% notes due 2014 was completed yesterday. The proceeds will be used to refinance existing debt.The placement is part of a strategy to refinance the Group’s existing debt on improved terms and to optimise the funding structure to support the Group’s continuing development. For further information, please contact: | Keller Group plc | www.keller.co.uk | | Justin Atkinson, Chief Executive | 020 8341 6424 | | James Hind, Finance Director | | |  | | | Smithfield | | | Rupert Trefgarne | 020 7360 4900 |
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