RELX PLC Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated May 22, 2020, is a current report filed by RELX PLC, a foreign private issuer. The filing documents the execution of an underwriting agreement dated May 18, 2020, for a new debt issuance.
Key Financial Metrics
The filing does not provide operational financial metrics such as revenue, profit, cash flow, or margins. The primary financial data disclosed relates to the new debt instrument:
- Instrument: 3.000% Notes due 2030.
- Issuers: RELX Capital Inc. and RELX PLC.
- Underwriters: ABN AMRO Securities (USA) LLC, HSBC Securities (USA) Inc., ING Financial Markets LLC, and UBS Securities LLC.
Material Changes
The material change reported is the commitment to issue new long-term debt. This filing incorporates the underwriting agreement and the form of the notes by reference into the company's existing Registration Statement on Form F-3 (File No. 333-224608).
Guidance, Outlook, and Risks
The filing text does not contain management commentary, financial guidance, outlook, or specific risk factors related to the company's operations. The document focuses solely on the legal execution of the debt offering and includes legal opinions from Cravath, Swaine & Moore LLP and Freshfields Bruckhaus Deringer LLP.
Investor Verification Points
- Verify the total principal amount of the 3.000% Notes due 2030, as this specific figure is not explicitly stated in the provided text.
- Review the full Underwriting Agreement (Exhibit 99.1) for details on pricing, use of proceeds, and covenants.
- Confirm the impact of this new debt issuance on the company's overall leverage ratios and liquidity position.