Rentokil Initial plc confirmed the issue of a EUR 600 million 8-year bond. The bond was priced at 0.50%, the company's lowest ever coupon. The issue will refinance the EUR 350 million 3.25% bond which matures in October 2021, and will be used for general corporate purposes. The bond will be issued by Rentokil Initial Plc, under the terms of its euro medium-term note programme.