SIG plc confirmed that it has successfully priced the offering of ?300,000,000 of 5.25% fixed rate senior secured notes due 2026 (the "Notes"). The Company will use the net proceeds from the offering of the Notes (the "Offering") to: (i) repay its existing private placement notes, (ii) repay its existing credit facilities and cancel any commitments thereunder, and (iii) fund cash on the Group's balance sheet for general corporate purposes. The Notes will be issued at par and will be guaranteed on a senior secured basis by certain subsidiaries of the Company. Interest on the Notes will be payable semi-annually in arrear. The Offering is expected to close and the Notes are expected to be issued on or about 18 November 2021, subject to customary conditions precedent. The Notes are expected to be listed and admitted to trading on the Official List of The International Stock Exchange. The Company is also pleased to confirm that, in conjunction with the pricing of the Offering, it has entered into a new revolving credit facility agreement that provides for aggregate borrowings of up to an equivalent of ?50,000,000 (the "New Revolving Credit Facility") with a group of relationship banks, which initially will be undrawn.