Universal Music Group NV suc

THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL OR ISSUE OR AN INVITATION TO PURCHASE OR SUBSCRIBE, OR A SOLICITATION OF AN OFFER TO BUY OR SUBSCRIBE, FOR SECURITIES.

HILVERSUM, Netherlands, June 23, 2022 /PRNewswire/ — Universal Music Group NV (“UMG” or the “Company”) today announced that it has successfully secured €500 million of 3.000% senior unsecured notes due 2027 and €500 million 3.750% Senior Debentures Due 2032 (collectively, the Notes”). The offering is expected to close on June 30, 2022, subject to customary closing conditions.

The Bonds will be issued under the Company’s new Euro Medium Term Note program, listed on Euronext Amsterdam and sold to investors outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended.

Proceeds from the issuance will be used to refinance existing debt and pay transaction fees and expenses.

BNP Paribas and BofA Securities acted as global coordinators and, along with Citigroup, Goldman Sachs, MUFG and Société Générale, as active bookrunners on the issuance. CACIB, Commerzbank, IMI-Intesa Sanpaolo, ING, Mediobanca, Mizuho, ​​Morgan Stanley Europe SE, Natixis and Santander acted as Passive Bookrunners.

About Universal Music Group
At Universal Music Group (EURONEXT: UMG), we exist to shape culture through the power of art. UMG is the world leader in music entertainment, with a wide range of businesses active in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalog of recordings and songs across all musical genres, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to art, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models to expand artistic and business opportunities for our artists and create new experiences for fans. For more information about Universal Music Group NV, visit www.universalmusic.com.

contacts

Media
James Murtagh Hopkins- [email protected]

Investors
Erika started – [email protected]

Caution notice
This press release is issued by Universal Music Group NV and contains inside information within the meaning of Article 7(1) of Regulation (EU) No 596/2014 (Market Abuse Regulation).

Forward-looking statements
This press release may contain statements that constitute forward-looking statements regarding UMG’s business and plans, including the debt transactions contemplated herein. Although UMG believes that these forward-looking statements are based on reasonable assumptions, they are not guarantees of future performance. Actual results may differ materially from these forward-looking statements due to a number of risks and uncertainties, many of which relate to factors beyond UMG’s control, including, but not limited to, inability of UMG to compete. success and identify, attract, recruit and retain successful artists and songwriters, failure of streaming and subscription adoption or growth or revenue growth slower than anticipated, UMG’s dependence on digital service providers, UMG’s inability to execute its business strategies, the global nature of UMG’s business, UMG’s inability to protect its property intellectual property and against piracy, UMG’s inability to attract and retain key personnel, legislative and regulatory changes and other risks which have been described in UMG’s 2021 Annual Report and Base Prospectus dated June 16, 2022, available on the UMG website. Accordingly, UMG cautions readers against placing undue reliance on these forward-looking statements. These forward-looking statements are made as of the date of this press release. UMG disclaims any intention or obligation to provide, update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCEUniversal Music Group NV

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