Slaughter and May advised ISS - issuance of notes totalling EUR 500,000,000 under its EUR 2,000,000,000 Euro Medium Term Note Programme

Slaughter and May advised ISS, one of the world's leading facility services companies, on the issuance of notes totalling EUR 500,000,000 under its EUR 2,000,000,000 Euro Medium Term Note Programme. The notes are to mature in 2021 with a coupon of 1.125%. They will be listed on the Luxembourg Stock Exchange.

ISS established its Euro Medium Term Note Programme in 2014 to obtain increased flexibility to pursue refinancings in the bond market. The Programme was recently updated in order to maintain this flexibility. Slaughter and May advised on both the establishment and update of the Programme.