Business Context and Reporting Period
This Form 6-K filing by Reed Elsevier PLC and Reed Elsevier NV (now RELX PLC) was submitted on October 30, 2013. The report serves as a joint notification regarding a specific corporate action involving the company's debt instruments.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or liquidity metrics. The only specific financial data point disclosed relates to the debt instrument being redeemed:
- Debt Instrument: 7.750% Senior Notes due 2014 issued by Reed Elsevier Capital Inc.
- Guarantors: Fully and unconditionally guaranteed by Reed Elsevier PLC and Reed Elsevier NV.
Material Changes
The material change reported is the full redemption of the aforementioned 7.750% Senior Notes due 2014. This action reduces the company's outstanding debt obligations associated with this specific tranche.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the execution of the debt redemption. The document is strictly a notice of the redemption event.
Investor Verification Checklist
- Verify the redemption price and payment date for the 7.750% Senior Notes due 2014 in the attached Exhibit 99.
- Confirm the impact of this redemption on the company's total outstanding debt load.
- Review the company's most recent Form 20-F for comprehensive financial performance data, as this filing does not contain it.