Abengoa Yield is a total return company that owns a diversified portfolio of contracted renewable energy, power generation and electric transmission assets in North America, South America and Europe.
Abengoa Yield Plc (“Abengoa Yield”, NASDAQ: ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced the launching of an offering of US$255 million in aggregate principal amount of senior notes due 2019 (the “Notes”) that replaces the proposed offering of €200 million in aggregate principal amount of senior notes due 2019 announced on October 27, 2014 (the “Offering”). The Notes will be guaranteed by several subsidiaries of Abengoa Yield.
Abengoa Yield intends to use the proceeds of the offering, in addition to available cash, to finance the acquisition from Abengoa S.A. of three renewable energy assets announced on September 22nd 2014.
The Notes and related guarantees are being offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes and related guarantees have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements. This notice is issued pursuant to Rule 135c under the Securities Act, and does not constitute an offer to sell, nor a solicitation for an offer to purchase, the Notes.