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Investegate |Weir Group PLC Announcements | Weir Group PLC: Pricing of Sustainability-Linked Notes

Announcement of pricing of US$800 million Sustainability-Linked Notes The Weir Group PLC ( Weir ) today announces that it has priced the offering (the Offering ) of US$800 million aggregate principal amount of 2.20% Sustainability-Linked Notes due 13 May 2026 (the Notes ). John Heasley, Chief Financial Officer, said : We are delighted with the positive response to the Group s first syndicated bond offering in our 150-year history.  The proceeds will be used to repay existing debt maturing in 2022 and 2023, and for other general corporate purposes.  In addition to strengthening our balance sheet further, the structuring of the offering as Sustainability-Linked Notes also reaffirms our commitment to reducing our environmental impact, including delivering a 30% reduction in emissions by 2024

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