RELX PLC Form 6-K Summary
Business Context and Reporting Period
This Form 6-K is a joint report filed on May 12, 2015, by Reed Elsevier PLC (United Kingdom) and Reed Elsevier NV (Netherlands). The filing documents the execution of a new debt financing transaction involving RELX Capital Inc. as the issuer and the parent companies as guarantors.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, or liquidity metrics. The document focuses exclusively on the terms of a new debt issuance. The specific financial metric disclosed is the interest rate of the new notes: 1.300% per annum.
Material Changes
The primary material change is the establishment of a new debt obligation through the issuance of 1.300% Notes due 2025. This transaction is governed by an Underwriting Agreement dated May 5, 2015, and a Sixth Supplemental Indenture dated May 12, 2015.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. It does not explicitly list risks or contingencies beyond the standard legal obligations inherent in the debt instruments. The filing notes that this report will be incorporated by reference into Registration Statement on Form F-3 (File No. 333-203608-02).
Investor Verification Checklist
- Verify the total principal amount of the 1.300% Notes due 2025, which is not stated in this summary text.
- Review the full Underwriting Agreement (Exhibit 99.1) for underwriting fees and purchase terms.
- Examine the Sixth Supplemental Indenture (Exhibit 99.2) for covenants, default provisions, and redemption rights.
- Confirm the use of proceeds from this issuance by referencing the related Form F-3 Registration Statement.