NEW
YORK, May 30, 2024 /PRNewswire/ -- Genpact
Limited ("Genpact") (NYSE: G), a global professional services
and solutions firm delivering outcomes that shape the future, today
announced the pricing by its wholly owned subsidiaries, Genpact
Luxembourg S.à r.l. ("Genpact Luxembourg") and Genpact USA, Inc. ("Genpact USA"), of their underwritten public offering
(the "Notes Offering") of $400
million aggregate principal amount of 6.000% senior notes
due 2029 (the "Notes"). The Notes will be senior unsecured
obligations of Genpact Luxembourg and Genpact USA and will be guaranteed on a senior
unsecured basis by Genpact. Genpact expects the Notes Offering to
close on June 4, 2024, subject to the
satisfaction of customary closing conditions.
Genpact intends to use the net proceeds from the offering for
general corporate purposes, which may include repaying or redeeming
Genpact Luxembourg's outstanding 3.375% senior notes due 2024 at or
prior to their maturity on December 1,
2024.
The Notes Offering is being made pursuant to a prospectus
supplement and an accompanying prospectus filed as part of an
effective shelf registration statement by Genpact, Genpact
Luxembourg, and Genpact USA with
the Securities and Exchange Commission ("SEC") on Form S-3 (File
No. 333-265204). You may obtain a copy of the preliminary
prospectus supplement, the accompanying prospectus, and the final
prospectus supplement, when available, for free by visiting EDGAR
on the SEC website at www.sec.gov. Alternatively, Genpact, any
underwriter, or any dealer participating in the Notes Offering will
arrange to send you any of those documents upon request by
contacting the lead joint-book running managers for the Notes
Offering: Citigroup Global Markets Inc. toll free at
1-800-831-9146, Goldman Sachs & Co. LLC at 1-866-471-2526 or
Morgan Stanley & Co. LLC toll free at 1-866-718-1649. BofA
Securities, Inc., Credit Agricole Securities (USA) Inc., J.P. Morgan Securities LLC, TD
Securities (USA) LLC and Wells
Fargo Securities, LLC are also acting as joint-book running
managers for the Notes Offering.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy the Notes, or related guarantees
nor shall there be any offer, solicitation, or sale of any Notes or
the related guarantees in any jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such
jurisdiction.
About Genpact
Genpact (NYSE: G) is a global
professional services and solutions firm delivering the outcomes
that shape the future. Our 125,000+ people across 30+ countries are
driven by our innate curiosity, entrepreneurial agility, and desire
to create lasting value for clients. Powered by our purpose -
the relentless pursuit of a world that works better for people - we
serve and transform leading enterprises, including the Fortune
Global 500, with our deep business and industry knowledge, digital
operations services, and expertise in data, technology, and
AI.
Safe Harbor
This document contains
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such statements involve risks, uncertainties and assumptions. If
such risks or uncertainties materialize or such assumptions prove
incorrect, the results of Genpact and its consolidated
subsidiaries, including Genpact Luxembourg and Genpact
USA, could differ materially
from those expressed or implied by such forward-looking statements
and assumptions. All statements other than statements of historical
fact are statements that could be deemed forward-looking
statements, including any statements regarding the Notes Offering,
statements of the plans, strategies and objectives of
Genpact, Genpact Luxembourg and Genpact
USA for future operations;
any statements regarding the intended guarantee of the Notes; any
statements regarding the potential repayment or redemption of
certain indebtedness of Genpact or Genpact
Luxembourg; any other
statements of expectation or belief and any statements of
assumptions underlying any of the foregoing. Other important
factors that could cause the statements made in this document or
the actual results of operations or financial condition of
Genpact, Genpact Luxembourg or Genpact
USA to differ include,
without limitation, that the Notes Offering is subject to market
conditions and a number of other conditions and the final terms may
vary substantially as a result of market and other conditions.
There can be no assurance that the Notes Offering will be completed
as described herein or at all. Risks, uncertainties and assumptions
include the possibility that expected benefits may not materialize
as expected; and other risks that are described in Genpact's
SEC reports, including but not limited to the risks described
in Genpact's Annual Report on Form 10-K for its fiscal
year ended December 31, 2023. Except
as required by law, each of Genpact, Genpact
Luxembourg and
Genpact USA assumes no
obligation to and does not intend to update these forward-looking
statements.
Contacts:
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Investors
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Tiffany
Horvath
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+1 (614)
625-6485
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tiffany.horvath@genpact.com
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Media
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Siya
Belliappa
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+1 (718)
561-9843
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siya.belliappa@genpact.com
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SOURCE Genpact