Rentokil Initial (LSE:RTO) has issued $500 million of senior unsecured 4.625% notes due 2031 through its wholly owned finance subsidiary, Rentokil Terminix Funding plc.
The notes are guaranteed by Rentokil Initial, with net proceeds earmarked for general corporate purposes, including repayment of debt.
The company has applied to list the notes on the Official List of the Irish Stock Exchange trading as Euronext Dublin and to have them admitted to trading on the Global Exchange Market of Euronext Dublin.
