Taylor Nelson Sofres PLC
12 July 2007
12 July 2007
TNS completes private placement
Taylor Nelson Sofres plc (TNS) today announces that it has completed a new debt
financing with the private placement of US$326 million of senior unsecured notes
in three currencies USD, EUR and GBP. The issued notes have been purchased by
new long term debt investors with maturities of 5, 7 and 10 years.
The funds raised will be used to refinance existing bank debt.
This financing enables TNS to diversify its funding sources into a new long-term
capital market and to extend significantly the maturity profile of the core debt
element of its capital structure.
For further information, please contact:
Janis Parks, Head of Investor Relations +44 (0)20 8967 1584
Joel Beckman, IR Director +44 (0)20 8967 1384
TNS is a global market insight and information group.
Our strategic goal is to be recognised as the global leader in delivering
value-added information and insights that help our clients to make more
As industry thought leaders, our people deliver innovative thinking and
excellent service to global organisations and local clients worldwide. We work
in partnership with our clients, meeting their needs for high-quality
information, analysis and foresight across our network of over 70 countries.
We are the world's foremost provider of custom research and analysis, combining
in-depth industry sector understanding with world-class expertise in the areas
of new product development, segmentation and positioning research, brand and
advertising research and stakeholder management. We are a major supplier of
consumer panel, media intelligence and internet, TV and radio audience
TNS is the sixth sense of business.
This information is provided by RNS
The company news service from the London Stock Exchange