Corporate

Keller Group plc (“Keller” or the “Group”), the international specialist ground engineering group, announces that it has raised $100m through a private placement with US institutions. The issue of $30m 5.05% notes due 2011 and $70m 5.48% notes due 2014 was completed yesterday. The proceeds will be used to refinance existing debt.

keller group logo blue and yellow

The placement is part of a strategy to refinance the Group’s existing debt on improved terms and to optimise the funding structure to support the Group’s continuing development.