Nielsen Announces Pricing of $1.960 Billion Offering of Senior Secured Notes by its Affiliate

 Neptune BidCo US Inc. (the “Issuer” or the “Company“), an affiliate of Nielsen Holdings Limited (“Nielsen“), announced today that it has priced an offering of $1,960,000,000 aggregate principal amount of 9.290% Senior Secured Notes due 2029 (the “Notes“). The Notes will be guaranteed by its parent company, Neptune Intermediate Jersey Limited (“Parent“), and certain subsidiaries of the Issuer. The offering is expected to close on November 16, 2022, subject to customary closing conditions.

The Issuer intends to use the proceeds from the offering together with cash on hand to refinance in full its secured bridge term facility entered into in connection with the acquisition of Nielsen (the “Acquisition“) by the Issuer and Parent (together, the “Purchasing Entities“).

The Purchasing Entities were newly-formed entities established by a consortium of private investment funds led by Evergreen Coast Capital Corporation, an affiliate of Elliott Investment Management L.P. (together with its advisory affiliates, “Elliott“), and Brookfield Business Partners L.P. together with institutional partners (together with Elliott, the “Sponsors“).

The Notes were offered and will be sold in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act“), and to non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States or to, or for the benefit of, U.S. persons absent registration under, or an applicable exemption from, the registration requirements of the Securities Act and applicable state securities laws.

Nielsen shapes the world’s media and content as a global leader in audience measurement, data and analytics. Through our understanding of people and their behaviors across all channels and platforms, we empower our clients with independent and actionable intelligence so they can connect and engage with their audiences—now and into the future. Nielsen operates around the world in more than 55 countries. Learn more at www.nielsen.com or www.nielsen.com/investors and connect with us on social media (Twitter, LinkedIn, Facebook and Instagram).

Investor Relations: Sara Gubins, +1 646 283 7571; sara.gubins@nielsen.com
Media Relations: Connie Kim, +1 240 274 9999; connie.kim@nielsen.com

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