Premier Capital Plc – Regulatory Approval for Issue of Bond

October 25, 2016
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

Premier Capital p.l.c announced that it has received the required regulatory approval for the issue of €65,000,000 3.75% Unsecured Bonds redeemable in 2026 with a nominal value of €100 per bond.

a.    An aggregate €30,000,000 shall be reserved to Existing Bondholders applying for Bonds by way of Exchangeable Bond Transfer. (Premier Capital 6.8% Bonds 2017-2020)

b.    An aggregate €3,000,000 is reserved for subscription by Hili Ventures Group stakeholders.

c.     An aggregate €12,000,000 shall be reserved for Hili Ventures Group Bondholders, namely Bondholders of the 5.1% PTL Holdings plc Unsecured and the 4.5% Hili Properties Unsecured € 2024shall be allocated with the allocation policy as determined by the registrar.

d.    The remaining amount of €20,000,000 shall be made available for subscription for the general public.

 

To view the full announcement, click here.