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Bond Offering By Myriad International Holdings


Myriad International Holdings (MIH B.V.) shareholders are instructed that Naspers now indirectly owns the holdings effective from 11 July this year. The bonds which were successfully priced at US$750 million,which is 6% notes are due 2020.

These bonds will fully and unconditionally be guaranteed by Naspers, who have created an application which will admit the bonds to listing on the Official List and trading of the Global Exchange Market of the Irish Stock Exchange.

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The net proceeds will be used for general corporate purposes, including future acquisitions and the repayment of certain amounts outstanding under the Naspers group’s revolving credit facilities.

Naspers warns that the Notes will be offered in a private placement and this will be given only to qualified institutional buyers pursuant to Rule 144A and to people who are not from the United States and that the Notes to be offered have not been registered under the Securities Act or the securities laws of any other.

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Authority may not be offered or sold in the United States absent registration or unless one is following an applicable exemption from the registration requirements of the Securities Act and any other applicable securities laws.


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Caroline Vutagwa
Caroline Vutagwa
Minding my own business is not enough for me that's why you will always find me minding Africa's Businesses as well as Technology and of course letting you know about it. Talk to me on [email protected]

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