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RELX Finance establishes USD 3 billion Commercial Paper Programme

06 Jan 2016

De Brauw Blackstone Westbroek has advised RELX Finance on establishing their USD 3 billion US Commercial Paper Programme, irrevocably and unconditionally guaranteed by RELX NV and RELX PLC on a senior unsecured basis.

The Programme establishes the framework under which RELX, formerly known as Reed Elsevier, can issue commercial paper in the future. Commercial paper is an unsecured promissory note with a fixed maturity of no more than 12 months and is used by corporations to fund their short-term obligations.

Team
Menno Stoffer, Pim van Leersum, Tom Abeln, Lotte Boon, Mariken van Loopik, and Mirjam Kerkhof

Matter Type
Banking & Finance - Capital Markets: Debt
Industry
Finance & Banking
News Category
Banking & Finance