11-01-2010, 11:18 AM
Just saw this on the club's official website, might warrant its own thread when more information is available.
(Source: Manutd.com)
(Source: Manutd.com)
Quote:Senior secured notes offering
Manchester United will be seeking to raise approximately £500 million aggregate principal amount from an offering of senior secured notes due 2017.
The notes, whose proceeds will be used to refinance existing debt secured against the Club, will be issued by MU Finance plc.
None of the notes or the guarantees to be issued in the offering have been or will be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.
This announcement does not constitute an offer to sell or a solicitation to buy in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction and is not intended to provide the basis for any credit or other evaluation of any securities or offering referred to herein.