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Royal Philips: Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of existing debt, resulting in a debt-neutral effect

Royal Philips: Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of existing debt, resulting in a debt-neutral effect
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Noord hollandUnited kingdomUnited statesBen zwirsDerya guzelFinancial servicesLuxembourg stock exchangeList of the luxembourg stock exchangePhilips global press officeEuropean union withdrawalEuropean medium term noteOfficial listLuxembourg stockEuropean economic areaEuropean unionMarkets act

Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of existing debt, resulting in a debt-neutral effect - Koninklijke Philips (NYSE:PHG)

August 30, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE:PHG, AEX: PHIA)), a global leader in health technology, today announced the successful pricing of its issue of EUR 500 million

United statesUnited kingdomNoord hollandBen zwirsDerya guzelLuxembourg stock exchangeList of the luxembourg stock exchangePhilips global press officeEuropean union withdrawalFinancial servicesEuropean medium term noteOfficial listLuxembourg stockEuropean economic areaEuropean unionMarkets act

Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of

August 30, 2023

United kingdomNoord hollandUnited statesDerya guzelBen zwirsPhilips global press officeList of the luxembourg stock exchangeFinancial servicesEuropean union withdrawalLuxembourg stock exchangeRoyal philipsEuropean medium term noteOfficial listLuxembourg stockEuropean economic areaEuropean union

Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of existing debt, resulting in a debt-neutral effect

Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of existing debt, resulting in a debt-neutral effect
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United kingdomNoord hollandUnited statesBen zwirsDerya guzelPhilips global press officeEuropean union withdrawalLuxembourg stock exchangeList of the luxembourg stock exchangeFinancial servicesEuropean medium term noteOfficial listLuxembourg stockEuropean economic areaEuropean unionMarkets act

Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of existing debt, resulting in a debt-neutral effect

August 30, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its issue of EUR 500 million fixed rate notes due 2031 (the “Notes”) under its European Medium Term Note (EMTN) program. The issue of the Notes will have a debt-neutral effect. The net proceeds of the offering will be used for repayment of EUR 500 million utilized and outstanding under the credit facility entered into in Q4 2022 and fo

United statesUnited kingdomNoord hollandBen zwirsDerya guzelEuropean union withdrawalLuxembourg stock exchangePhilips global press officeFinancial servicesList of the luxembourg stock exchangeEuropean medium term noteOfficial listLuxembourg stockEuropean economic areaEuropean unionMarkets act