Cadbury Holdings Limited Cadbury Schweppes Finance P.L.C
Total Page:16
File Type:pdf, Size:1020Kb
Prospectus CADBURY HOLDINGS LIMITED (incorporated with limited liability in England and Wales) CADBURY SCHWEPPES FINANCE p.l.c. (incorporated with limited liability in England and Wales) CADBURY SCHWEPPES INVESTMENTS plc (incorporated with limited liability in England and Wales) £5,000,000,000 Euro Medium Term Note Programme On 26th May, 1999 Cadbury Schweppes Public Limited Company (now Cadbury Holdings Limited) and Cadbury Schweppes Finance p.l.c. established a £1,500,000,000 Euro Medium Term Note Programme. This Prospectus supersedes the previous Prospectus dated 24th June, 2008. Any Notes (as defined below) issued under the Programme (as defined below) on or after the date hereof are issued subject to the provisions set out herein. This does not affect any Notes already in issue. Under this £5,000,000,000 Euro Medium Term Note Programme (the “Programme”), Cadbury Schweppes Finance p.l.c. (“CSF”) and Cadbury Schweppes Investments plc (“CSI” and, together with CSF in its capacity asissuer,the“Issuers”andeachan“Issuer”)mayfromtimetotimeissue notes (the “Notes”) denominated in any currency agreed between the relevant Issuer and the relevant Dealer (as defined below). The payments of all amounts payable in respect of Notes issued by CSF will be unconditionally and irrevocably guaranteed by Cadbury Holdings Limited (“Cadbury Holdings”) and CSI (in respect of such Notes, each a “Guarantor”). The payments of all amounts payable in respect of Notes issued by CSI will be unconditionally and irrevocably guaranteed by Cadbury Holdings and CSF (in respect of such Notes, each a “Guarantor”). In relation to any issue of Notes the relevant Issuer and the Guarantors of such Notes are referred to in this Prospectus as “the relevant Obligor(s)”. The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed £5,000,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. An investment in Notes issued under the Programme involves certain risks. For a discussion of these risks see “Risk Factors” on page 10 of this Prospectus. Any person (an “investor”) intending to acquire or acquiring any Notes from any person (an “Offeror”) should be aware that, in the context of an offer to the public as defined in section 102B of the Financial Services and Markets Act 2000 (“FSMA”), the Issuers may be responsible to the investor for the Prospectus under section 90 of FSMA only if the Issuers have authorised that Offeror to make the offer to the investor. Each investor should therefore enquire whether the Offeror is so authorised by the Issuers. If the Offeror is not authorised by the Issuers, the investor should check with the Offeror whether anyone is responsible for the Prospectus for the purposes of section 90 of FSMA in the context of the offer to the public, and, if so, who that person is. If the investor is in any doubt about whether it can rely on the Prospectus and/or who is responsible for its contents it should take legal advice. An investor intending to acquire or acquiring any Notes from an Offeror will do so, and offers and sales of the Notes to an investor by an Offeror will be made, in accordance with any terms and other arrangements in place between such Offeror and such investor including as to price, allocations and settlement arrangements. The relevant Obligor will not be a party to any such arrangements with investors (other than the Dealers) in connection with the offer or sale of the Notes and, accordingly, this Prospectus and any Final Terms will not contain such information and an investor must obtain such information from the Offeror. The Notes may be issued on a continuing basis to one or more of the dealers specified under “Summary of the Programme” and any additional dealer appointed under the Programme from time to time (each a “Dealer” and together the “Dealers”), which appointment may be for a specific issue or on an ongoing basis. References in this Prospectus to the “relevant Dealer” shall, in the case of an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to subscribe such Notes. Application has been made to the Financial Services Authority in its capacity as competent authority under FSMA (the “UK Listing Authority”) for Notes issued during the period of 12 months from the date of this Prospectus to be admitted to the Official List of the UK Listing Authority (the “Official List”) and to the London Stock Exchange plc (the “London Stock Exchange”) for such Notes to be admitted to trading on the regulated market. The London Stock Exchange’s regulated market is a regulated market for the purposes of Directive 2004/39/EC (the “Markets in Financial Instruments Directive”). Notice of the aggregate nominal amount of Notes, interest (if any) payable in respect of Notes, the issue price of Notes and any other terms and conditions not contained herein which are applicable to each Tranche (as defined under “Terms and Conditions of the Notes”) of Notes will be set out in a final terms (the “Final Terms”) which, with respect to Notes to be listed on the London Stock Exchange, will be delivered to the UK Listing Authority and the London Stock Exchange. The Notes may be held in a manner which will allow Eurosystem eligibility.This simply means that the Notes may upon issue be deposited with Clearstream Banking, société anonyme, or Euroclear Bank S.A./N.V. as one of the international central securities depositories as common safekeeper and does not necessarily mean that the Notes will be recognised as eligible collateral for Eurosystem monetary policy and intra-day credit operations by the Eurosystem either upon issue or at any or all times during their life. Such recognition will depend upon satisfaction of the Eurosystem eligibility criteria. The Programme provides that Notes may be listed or admitted to trading, as the case may be, on such other or further stock exchange(s) as may be agreed between each relevant Obligor, the Trustee (as defined below) and the relevant Dealer. The Issuers may also issue unlisted Notes and/or Notes not admitted to trading on any market. Each relevant Obligor and the Trustee (as defined herein) may agree with any Dealer that Notes may be issued in a form not contemplated by the Terms and Conditions of the Notes herein, in which event a supplementary prospectus, if appropriate, will be made available which will describe the effect of the agreement reached in relation to such Notes. Arranger Deutsche Bank Dealers BNP PARIBAS Deutsche Bank HSBC J.P. Morgan Cazenove Merrill Lynch International National Australia Bank Limited Rabobank International The Royal Bank of Scotland The date of this Prospectus is 22 June 2009. This Prospectus constitutes a base prospectus for the purposes of Article 5.4 of Directive 2003/71/EC (the “Pro- spectus Directive”). Each of Cadbury Holdings, CSF and CSI (together, the “Responsible Persons”) accepts responsibility for the information contained in this Prospectus. To the best of the knowledge of each of Cadbury Holdings, CSF and CSI (each having taken all reasonable care to ensure that such is the case) the information contained in this Prospectus is in accordance with the facts and does not omit anything likely to affect the import of such information. Where information has been sourced from a third party, each of the Responsible Persons confirms that information has been accurately reproduced and that, as far as it is aware and able to ascertain from information published by that third party, no facts have been omitted which would render the reproduced information materially inaccurate or misleading. Where third party information has been included, its source has been stated. The previous paragraph should be read in conjunction with the seventh paragraph on the first page of this Prospectus. Subject as provided in the applicable Final Terms, the only persons authorised to use this Prospectus in connection with an offer of Notes are the persons named in the applicable Final Terms as the relevant Dealer or the Managers and the persons named in or identifiable following the applicable Final Terms as the Financial Intermediaries, as the case may be. Copies of each Final Terms will be available from the registered office of each of Cadbury Holdings, CSF and CSI and from the specified office set out below of each of the Paying Agents (as defined below), in the manner described in “Terms and Conditions of the Notes”. This Prospectus is to be read in conjunction with all documents which are deemed to be incorporated herein by reference (see “Documents Incorporated by Reference”). This Prospectus shall be read and construed on the basis that such documents are incorporated in and form part of this Prospectus. None of the Dealers, the Arranger (as defined below) nor the Trustee have independently verified the information contained herein. Accordingly, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted by the Dealers, the Arranger or the Trustee as to the accuracy or completeness of the information contained or incorporated in this Prospectus or any other information provided by Cadbury Holdings, CSF and CSI in connection with the Programme. None of the Dealers, the Arranger nor the Trustee accept any liability in relation to the information contained or incorporated by reference in this Prospectus or any other information provided by Cadbury Holdings, CSF and CSI in connection with the Programme. No person is or has been authorised by Cadbury Holdings, CSF or CSI to give any information or to make any representation not contained in or not consistent with this Prospectus or any other information supplied in connection with the Programme or the Notes and, if given or made, such information or representation must not be relied upon as having been authorised by Cadbury Holdings, CSF, CSI, any of the Dealers, the Arranger or the Trustee.