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Invesco Announces Pricing Of $600 Million In 4.000% Senior Notes Due 2024 And $400 Million In 5.375% Senior Notes Due 2043

Stocks in this article: IVZ

ATLANTA, Nov. 6, 2013 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) (herein, the "Company," "we," or "our") today announced the pricing of the underwritten public offering of $600 million aggregate principal amount of our 4.000% senior notes due January 30, 2024 and $400 million aggregate principal amount of our 5.375% senior notes due November 30, 2043, at a public offering price of 99.284% of the principal amount for the 2024 notes and 98.298% of the principal amount for the 2043 notes.  The 2024 notes will pay interest on January 30 and July 30 of each year, beginning July 30, 2014.  The 2043 notes will pay interest on May 30 and November 30 of each year, beginning May 30, 2014.

(Logo: http://photos.prnewswire.com/prnh/20110131/MM39469LOGO-a )

The net proceeds from this offering will be used to repay all or a portion of the amounts currently drawn on our existing credit facility.  Any remaining proceeds will be used for general corporate purposes.  The offering is expected to close on November 12, 2013 and is conditioned on the satisfaction of customary closing conditions.

Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are acting as joint bookrunning managers of the senior notes offering.

The offering is being made solely by means of a prospectus supplement and accompanying prospectus, which has been filed with the SEC.  Before you invest, you should read the prospectus supplement and accompanying prospectus, as well as other documents the Company has filed or will file with the SEC for more complete information about the Company and this offering.  You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  Alternatively, the Company, any underwriter or any dealer participating in the offering will arrange to send the prospectus supplement and accompanying prospectus relating to the offering to you if you request it by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated, 1-800-294-1322; Citigroup Global Markets Inc., 1-800-831-9146; or Morgan Stanley & Co., LLC, 1-866-718-1649.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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