CyrusOne Inc. (NASDAQ: CONE) (the Company) today announced the pricing of the previously announced public offering of ‚¬500 million aggregate principal amount of 1.450% senior notes due 2027 (the Notes) by its wholly-owned subsidiaries, CyrusOne LP and CyrusOne Finance Corp. (together, the Issuers), at 99.861% of their face value. The Notes will mature on January 22, 2027, unless earlier redeemed or repurchased. The Notes will be guaranteed by the Company. The offering is expected to close, subject to certain customary closing conditions, on January 22, 2020.
Barclays Bank PLC, Merrill Lynch International and Deutsche Bank AG, London Branch are acting as lead joint book-running managers for the offering.
The Issuers intend to use the net proceeds from this offering to settle certain currency swaps, repay some Euro denominated revolver borrowings and for general corporate purposes, including financing some of the Companys development activities in Europe.
This news release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering is being made under an automatic shelf registration statement on Form S-3 filed by the Company with the Securities and Exchange Commission (the SEC) and only by means of a prospectus supplement and accompanying prospectus. An investor may obtain free copies of the prospectus supplement and accompanying prospectus related to the offering by visiting EDGAR on the SEC website, www.sec.gov, or by contacting: Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London E14 4BB, United Kingdom, Attn: Debt Syndicate, Telephone: +1 (888)-603-5847; Merrill Lynch International, 2 King Edward Street, London EC1A 1HQ, United Kingdom, Attn: Prospectus Department, Telephone: +1-800-294-1322; Deutsche Bank AG, London Branch, Winchester House, 1 Great Winchester Street, London EC2N 2DB, United Kingdom, Attn: Prospectus Department, Telephone: +1-800-503-4611.
Safe Harbor Note
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. All statements, other than statements of historical facts, are statements that could be deemed forward- looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which the Company operates and the beliefs and assumptions of the Companys management. Words such as expects, anticipates, predicts, projects, intends, plans, believes, seeks, estimates, continues, endeavors, strives, may, variations of such words and similar expressions are intended to identify such forward-looking statements. In addition, any statements that refer to projections of the Companys future financial performance, the Companys anticipated growth and trends in the Companys businesses, and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned these forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause the Companys actual results to differ materially and adversely from those reflected in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in this release and those discussed in other documents the Company files with the SEC. More information on potential risks and uncertainties is available in the Companys recent filings with the SEC, including the Companys Form 10-K report, Form 10-Q reports, and Form 8-K reports. The Company disclaims any obligation other than as required by law to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors or for new information, data or methods, future events or other changes.
CyrusOne (NASDAQ: CONE) is a real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. CyrusOne provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for approximately 1,000 customers, including more than 200 Fortune 1000 companies.
With a track record of meeting and surpassing the aggressive speed-to-market demands of hyperscale cloud providers, as well as the expanding IT infrastructure requirements of the enterprise, CyrusOne provides the flexibility, reliability, security, and connectivity that foster business growth.
CyrusOne offers a tailored, customer service-focused platform and is committed to full transparency in communication, management, and service delivery throughout its nearly 50 data centers worldwide.
This announcement is directed only at persons (i) outside the United Kingdom; (ii) that have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order); or (iii) falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations etc.) of the Order (all such persons together being referred to as relevant persons). This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons.
MiFID II professionals/ECPs only/No PRIIPs KID “ Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document has been prepared as not available to retail in EEA.
Vice President, Capital Markets & Investor Relations
Santa Claus Is Coming to Towns Everywhere – Virtually
Pigeon Forge (Tennessee), one of the countrys most popular holiday vacation destinations, invites families to safely fulfill a cherished holiday tradition with free virtual Santa visits. Available Nov. 30 through Dec. 15, the video calls connect Santa from his North Pole home office to families in the comfort of their own homes, providing a contact-free-but-still-touching alternative to in-person visits this season.
Beginning Nov. 9 at 10 a.m. (Eastern), parents or guardians can register for a free video call with Santa at www.MyPigeonForge.com/Santa. Appointments are available Nov. 30 through Dec. 15, from 11 a.m. to 3 p.m. and 4 p.m. to 8 p.m. daily, excluding Sundays. Availability is on a first-come, first-served basis.
We understand the holiday season may look different for a lot of families this year, but making Christmastime memories is more important than ever, Pigeon Forge Executive Director of Tourism Leon Downey said. Were grateful that Santa and technology can work together to gift families with the magic of Christmas in a safe, contact-free way.
The magical portal also offers children a chance to correspond with Santa via a free personal letter from Santa. Children can share their Christmas wish list at www.MyPigeonForge.com/Santa to receive a personalized letter from Santa.
Each family who chats with Santa will receive an exclusive ornament to commemorate the special call from the North Pole.
For more information and to make a reservation to chat with Santa, visit www.MyPigeonForge.com/Santa.
Pigeon Forge is located in East Tennessee and home to Winterfest (Nov. 13-Feb. 22), an award-winning festival of more than five million holiday lights, Christmastime entertainment and more than 80 attractions.
About Pigeon Forge: More than 10 million people visit Pigeon Forge annually. The city is located approximately 35 miles from Knoxville and McGhee-Tyson Airport. Two-thirds of the nations population east of the Mississippi River lives within a days drive, making it an easily accessible family vacation destination. The citys neighbor is Great Smoky Mountains National Park, the most visited national park in the U.S. It also is home to Dolly Partons Dollywood theme park, Tennessees most visited commercial attraction. More information about all aspects of Pigeon Forge are available at MyPigeonForge.com.
Trish McGee at [email protected]
Franklin Madison Announces Strategic Investment in Matic
Franklin Madison, a leading provider in marketing insurance solutions, announced today a strategic investment and partnership with insurtech leader Matic as part of their Series B funding round. Matic is a digital insurance agency focused on seamlessly integrating insurance into the home and auto ownership experience.
As Franklin Madison continues to invest in and advance our digital capabilities, we are very excited to work with Matic, whose cutting edge and proprietary technology is propelling the industry forward, said Robert Dudacek. Their competitive market technology, great business model, and strong leadership made them an attractive investment opportunity.
Matics platform was built to integrate within banks’ ecosystems and deliver an amazing customer experience, said Ben Madick, CEO, Matic Insurance. It was a natural fit to partner with Franklin Madison with their strength and experience in the financial institution marketplace. We are looking forward to the partnership opportunity with an organization that brings nearly 50 years of industry expertise, a best-in-class direct marketing approach, and outstanding customer loyalty across 3,500 financial institutions.
The investment in Matic is further evidence of Franklin Madisons commitment to the insurance and financial institution markets. Franklin Madison and Matic will continue to operate as separate entities.
About Franklin Madison
An industry pioneer with nearly 50 years of experience, Franklin Madison builds financial security for individuals and families by delivering industry-leading insurance products and marketing services through its brand partners. Franklin Madison helps generate increased loyalty and incremental revenue for more than 3,500 financial institutions. Based in Franklin, Tennessee, Franklin Madison has approximately 200 employees. For more information, visit franklin-madison.com or follow us @frnklnmadison and LinkedIn.
Since 2014, Matic has changed the landscape of the insurtech industry by integrating insurance within the home and auto ownership experience. Today, Matics digital insurance marketplace has over 30 A-rated home and auto carriers, as well as distribution partners in industries ranging from mortgage origination and servicing to banking, real estate, and personal finance. With a single-minded focus on advocating for policyholders, Matic has created an effortless and transparent comparison-shopping process, saving customers days of work and over 30% in premiums each year. For more information, visit matic.com.
Sr. Manager, Marketing & Communications
Waylay Provides Missing IoT Link for Smart Building Automation
IoT automation and analytics software company Waylay today announced its low-code automation platform for smart buildings, in response to increasing market demand for new intelligent building automation applications that rely on sensor data and data from building management systems.
According to ABI Research (*), the automated building market has traditionally focused on four conventional sectors: HVAC, lighting, access control and fire & life safety. Today, new emerging applications in space management, environmental monitoring, asset management and cleanliness & hygiene management are being offered. Together, these new solutions will grow at 32% CAGR over the next 8 years to create US$2 billion in software and services revenues by 2026.
Waylay delivers its IoT automation platform to manufacturers of building equipment, building management service providers and software companies to deploy these new intelligent building applications and realize a swift response to changing circumstances, legislation and customer needs.
Next-gen smart building applications
Waylays automation platform complements ongoing IoT initiatives and processes real-time sensor data, from both legacy systems as well as new sensors, to add a new layer of business intelligence to smart buildings. Waylays data analytics fuels new solutions for optimized facility management, preventive & predictive maintenance of HVAC systems, failure detection, occupant safety, asset and energy optimization, alarm response and optimized field service teams to streamline business processes and create new, high-margin revenue streams.
Automation platform kickstarts new smart building scenarios
The Waylay smart building automation platform no longer requires the typically complex mix of IT development skill sets to create, productize and maintain new use cases. The low-code development environment with drag & drop rules engine visual programming interface allows cross-organization collaboration. Data scientists can efficiently put their algorithms in production, while maintenance managers can develop and validate their own information, decision & control flows and tweak and maintain them as needed. None of this requires lengthy IT development cycles. The automation platform for smart buildings hosts a set of use-case rule templates that kickstart the creation of new scenarios and that can be adapted for every specific building, structure or environment. This results in a quick go-to-market of new smart building applications and minimal in-house resources and skills to maintain the solutions platform.
Waylay has consistently proven to offer the best in class IoT automation and analytics platform, said Piet Vandaele, CEO of Waylay. Our drag & drop low-code approach increases innovation velocity and data scientists or domain experts no longer have to wait for traditional R&D cycles to finish. This becomes critical when legislation changes or circumstances like COVID-19 require quick responses from smart building solution providers. The Waylay platform brings democratization of analytics to smart buildings and therefore higher ROI to IoT data in smart buildings.
(*) ABI Research – Smart Buildings 2.0: Building Automation report
Waylay is a B2B cloud technology company that builds automation software for the Internet of Things. Waylay’s data orchestration platform is used by enterprises to develop automation applications using IoT, IT and cloud data in the most flexible way.
Find out more at www.waylay.io
Email: [email protected]
Telephone: +32 479 761825
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