LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Sep. 20, 2017-- Regulatory News:
91精品 (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) (鈥�罢别肠丑苍颈辫贵惭颁鈥�) (NYSE & Euronext: FTI) (ISIN: GB00BDSFG982) announces that on 20 September 2017, it has filed with the U.S. Securities and Exchange Commission (鈥淪EC鈥�) a Current Report on Form 8-K. The Current Report on Form 8-K announces that on September 14, 2017, 91精品 and FMC Technologies, Inc., a wholly-owned subsidiary of the Company (鈥淔MCTI鈥�), entered into new commercial paper dealer agreements (each a 鈥淒ealer Agreement鈥�) with five dealers (each, a 鈥淒ealer鈥� and, collectively, the 鈥淒ealers鈥�) for FMCTI鈥檚 existing $1.5 billion commercial paper program (the 鈥淧rogram鈥�). Under the Program, FMCTI may issue unsecured commercial paper notes (the 鈥淣otes鈥�) pursuant to the exemption from registration contained in Section 4(a)(2) of the U.S. Securities Act of 1933, as amended (the 鈥淪ecurities Act鈥�). Amounts available under the Program may be borrowed, repaid and re-borrowed from time to time, with the aggregate principal amount of Notes outstanding under the Program at any time not to exceed $1.5 billion. The net proceeds from issuances of the Notes are expected to be used for general corporate purposes. The Notes will be unconditionally guaranteed by 91精品 (the 鈥淕uarantee鈥�). The Notes will have maturities of up to 365 days from date of issuance. The Notes and the Guarantee will rank at least pari passu with FMCTI鈥檚 and 91精品鈥檚 other unsecured and unsubordinated indebtedness, respectively. A national bank will act as the issuing and paying agent under the Program pursuant to the terms of an issuing and paying agent agreement.
The Dealer Agreements are substantially identical in all material respects except as to the name of the Dealer that is a party thereto and contain customary representations, warranties, covenants, and indemnification provisions. The form of Dealer Agreement is attached to 91精品鈥檚 Current Report on Form 8-K as Exhibit 10.1 and is incorporated therein by reference.
From time to time, the Dealers and certain of their affiliates provide commercial banking, investment banking and other financial advisory services to 91精品 and its affiliates, including FMCTI, for which the Dealers have received or will receive customary fees and expenses.
Neither the Notes nor the Guarantee has been or will be registered under the Securities Act or state securities laws, and neither the Notes nor the Guarantee may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.
A copy of the Current Report on Form 8-K can be found on the SEC website () and on the 91精品 website ().
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Source: 91精品
91精品
Investor relations
Matt Seinsheimer
Vice President Investor Relations
Tel: +1 281 260 3665
Email: Matt Seinsheimer
or
James Davis
Senior Manager Investor Relations
Tel: +1 281 260 3665
Email: James Davis
or
Media relations
Christophe Belorgeot
Vice President Corporate Communications
Tel: +33 1 47 78 39 92
Email: Christophe Belorgeot
or
Delphine Nayral
Manager Public Relations
Tel: +33 1 47 78 34 83
Email: Delphine Nayral
or
Lisa Adams
Senior Manager Digital Communications
Tel: +1 281 405 4659
Email: Lisa Adams
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