6-K 1 a4762g.htm ISSUE OF DEBT a4762g
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
___________________
 
FORM 6-K
__________________
 
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of April 2025
 
Commission File Number: 001-41524
___________________________________
 
Rentokil Initial plc
(Registrant’s name)
___________________________________
 
Compass House
Manor Royal
Crawley
West Sussex RH10 9PY
United Kingdom
(Address of principal executive office)
_____________________________________
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F ☒ Form 40-F ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
 
 
Issue of Debt dated 28 April 2025
 
 
 
28 April 2025
 
 
RENTOKIL INITIAL PLC
 
 
BENCHMARK USD ISSUANCE OF $750 MILLION 5.000% NOTES DUE 2030 AND
 
$500 MILLION 5.625% NOTES DUE 2035
 
 
On 28 April 2025, Rentokil Terminix Funding, LLC, a wholly-owned finance subsidiary of Rentokil Initial plc (the "Company"), issued its inaugural senior, unsecured $750 million 5.000% Notes due 2030 and $500 million 5.625% Notes due 2035 (together, the "Notes") guaranteed by the Company and offered in the United States only to qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act") and outside the United States pursuant to Regulation S under the Securities Act. The Company intends to use approximately $700 million of the net proceeds from the Notes issuance to repay a term loan which otherwise matures in October 2025, and otherwise for general corporate purposes.
 
Application has been made to list the Notes on the Official List of the Irish Stock Exchange plc trading as Euronext Dublin ("Euronext Dublin") and to trade the Notes on the Global Exchange Market of Euronext Dublin.
 
 
Enquiries:
Investors / Analysts: Peter Russell, Rentokil Initial plc, + 44 7795 166506
Media: Malcolm Padley, Rentokil Initial plc, +44 7788 978199
 
 
DISCLAIMER
 
The information contained herein shall not constitute or form part of any offer to sell or solicitation of an offer to buy the securities referred to herein. The Notes have not been and will not be registered under the Securities Act, or any state securities laws and, unless so registered, may not be offered or sold within the United States or to, or for the account or the benefit of, US persons, as defined in Regulation S under the Securities Act, except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act and in compliance with any applicable state securities laws.
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
Date: 28 April 2025
RENTOKIL INITIAL PLC
 
/s/ Rachel Canham
 
Name: Rachel Canham
 
Title: Group General Counsel and Company Secretary