The profile of the outstanding bonds, after completion of the Tender offer per October 19, 2016, is reflected in the table below. For more information on the tender offer, please see the following press release.
On December 20, 2016, Royal Philips announced that it has delivered a notice of redemption to the holders of the outstanding 5.750% Notes due 2018 in the aggregate principal amount of USD 1,250,000. The redemption of the Notes is part of Philips’ efforts to drive balance sheet efficiency through, among others, reduction of high interest bonds, as previously stated. For more information on the redemption of the Notes, please see the following press release.