Manchester United plc (MANU) Form 6-K — Jun 12, 2026
Manchester United plc announced that its subsidiary, Manchester United Football Club Limited, issued $550 million in 5.36% Senior Secured Notes due June 10, 2031. The notes were sold in a private placement pursuant to exemptions from SEC registration requirements. The company intends to use the proceeds to prepay its existing 3.79% Senior Secured Notes due 2027, including accrued interest and make-whole premiums, with the remainder for general corporate purposes. This transaction effectively extends the maturity of this portion of its debt by four years while increasing the interest rate.
Key figures
- Debt Amount
- 550000000
- Interest Rate
- 5.36
- Maturity Date
- June 10, 2031
- Refinanced debt rate
- 3.79
- Term facility extension
- June 10, 2031
- Refinanced debt maturity
- June 26, 2027
AI analysis
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