Slaughter and May advised Wise plc (“Wise”) on the establishment of its new £2 billion Guaranteed Euro Medium Term Note programme (the “Programme”). The issuer under the Programme is Wise Financing plc, and notes issued under the Programme are guaranteed by Wise plc and certain of its subsidiaries and are admitted to trading on the International Securities Market of the London Stock Exchange.
Following the establishment of the Programme, Slaughter and May advised Wise on its debut issuance of £250 million 5.1000% Fixed Rate Guaranteed Notes due 25 November 2030 (the “Notes”) under the Programme. The Notes have been assigned a rating of BBB by Fitch and S&P.
Goldman Sachs International, HSBC Bank plc, J.P. Morgan Securities plc and Merrill Lynch International are dealers on the Programme and acted as joint lead managers for the issuance of the Notes.
Angus White / Trainee, Jack Rooney / Trainee