Blueprint
 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER
 
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
 
THE SECURITIES EXCHANGE ACT OF 1934
 
  
 
For the month of January 2018
 
PEARSON plc
 
(Exact name of registrant as specified in its charter)
 
N/A
 
(Translation of registrant's name into English)
 
80 Strand
 
London, England WC2R 0RL
 
44-20-7010-2000
 
(Address of principal executive office)
 
 Indicate by check mark whether the Registrant files or will file annual reports
 
under cover of Form 20-F or Form 40-F:
 
 
 
Form 20-F X                                                Form 40-F
 
 
 
Indicate by check mark whether the Registrant by furnishing the information
 
contained in this Form is also thereby furnishing the information to the
 
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
 
  
 
Yes                                              No X
 
 
 
 
 
PEARSON PLC
 
("Pearson" or the "Company")
 
 
 
"Pearson announces that its subsidiary Pearson Funding Five plc has today announced the launch of a market tender to repurchase up to €400m  of its €500m 1.875 per cent. Notes due 2021, guaranteed by Pearson (ISIN: XS1068765418) and €500m 1.375 per cent. Notes due 2025, guaranteed by Pearson (ISIN: XS1228153661).
 
The tender is intended to ensure that the group's gross issued bond debt which currently exceeds net debt is reduced to more closely align with net debt in order to promote an efficient balance sheet."
 
 
 
 
 
SIGNATURE
 
  Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
 
PEARSON plc
 
 
 
Date: 18 January 2018
 
 
 
By: /s/ NATALIE WHITE
 
 
 
 
------------------------------------
 
 
Natalie White
 
 
Deputy Company Secretary