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NPN - Naspers Limited - Naspers announces pricing of bonds to be issued by
Myriad International Holdings B.V. ("MIH B.V.")
Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
LSE ADS code: NPSN ISIN: US 6315121003
("Naspers")
NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA,
AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR
SALES WOULD BE PROHIBITED BY APPLICABLE LAW
NASPERS ANNOUNCES PRICING OF BONDS TO BE ISSUED BY MYRIAD INTERNATIONAL HOLDINGS
B.V. ("MIH B.V.")
Shareholders are advised that Naspers`s indirect wholly owned subsidiary, MIH
B.V., on July 22, 2010, successfully priced its US$700m 6,375% notes due 2017
(the "Bonds"). The Bonds will be fully and unconditionally guaranteed by
Naspers. An application has been made for the admission of the Bonds to listing
on the Official List and trading on the Global Exchange Market of the Irish
Stock Exchange.
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.
CAPE TOWN
23 July 2010
Sponsor
Investec Bank Limited
Cautionary Statement:
This press release is for information purposes only and does not constitute a
prospectus or any offer to sell or the solicitation of an offer to buy any
security in the United States of America or any other jurisdiction. Securities
may not be offered or sold in the United States of America absent registration
or an exemption from registration under the U.S. Securities Act of 1933, as
amended (the "Securities Act"). The Bonds will not be registered under the
Securities Act and no public offering of securities will be made in the United
States. The Bonds are being offered and sold in the United States only to
"qualified institutional buyers" in accordance with Rule 144A under the
Securities Act and outside the United States in reliance on Regulation S under
the Securities Act. This press release is being issued pursuant to and in
accordance with Rule 135e under the Securities Act.
Important information:
This press release contains forward-looking statements as defined in the United
States Private Securities Litigation Reform Act of 1995. Words such as
"believe", "anticipate", "intend", "seek", "will", "plan", "could", "may",
"endeavour" and similar expressions are intended to identify such forward-
looking statements, but are not the exclusive means of identifying such
statements. While these forward-looking statements represent our judgments and
future expectations, a number of risks, uncertainties and other important
factors could cause actual developments and results to differ materially from
our expectations. These include factors that could adversely affect our
businesses and financial performance. We are not under any obligation to (and
expressly disclaim any such obligation to) update or alter our forward-looking
statements, whether as a result of new information, future events or otherwise.
Investors are cautioned not to place undue reliance on any forward-looking
statements contained herein.
About Naspers:
Naspers comprises a broad-based media group operating in 129 countries. It is
listed on the JSE Limited (JSE), with an ADR listing on the London Stock
Exchange. Today its principal operations are in internet platforms (focusing on
e-commerce, communities, content, communication and games), pay-television and
the provision of related technologies and print media. Most of Naspers`s
businesses hold leading market positions. The group`s most significant
operations are located in emerging markets, including South Africa, the rest of
sub-Saharan Africa, China, Latin America, Central and Eastern Europe, Russia and
India.
Contact
For further information, please contact:
Meloy Horn
Head of Investor Relations
Naspers
+27 11 289 3320
+27 82 772 7123
Meloy.horn@naspers.com
Steve Pacak
Group Chief Financial Officer
Naspers
+27 21 406 3585
+27 83 2 500 006
spacak@naspers.com
Date: 23/07/2010 09:15:01 Supplied by www.sharenet.co.za
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