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Eden Finance Issue of €15mln 6.6% Bonds 2017-2020 – UPDATED


Eden Finance plc announces that it has published a prospectus dated 10 May 2010 in respect of an issue of €15,000,000 6.6% Bonds due 2017-2020 of a nominal value of €100 per bond issued at par.

The Bonds are guaranteed on a joint and several basis by Eden Leisure Group Ltd. The funds raised in this Bond will be used principally to part finance the 6.7% Eden Finance Bond (the “Maturing Bonds”) which matures on 12 October 2010. The terms of issue include a preferred treatment to holders of Maturing Bonds who each hold an amount not exceeding €5 million in value as at 5 May 2010. Such bondholders are guaranteed full allotment of their applications for an amount equivalent to their existing holding, rounded up to the nearest hundred or thousand. They will also receive a top-up of interest representing the difference between the coupon rates of 6.7% and 6.6% from 14 June 2010 to 12 October 2010, both dates included.

To view the prospectus, please click here

An application form for Eden Finance 6.6% 2017-2020 is available here

Bond Details

Coupon 6.6%
Issue Price 100 (Par)
Size of Issue €15 million
Interest Payment Dates 15th June (Annually)
Maturity date 15th June 2020 (but may be redeemed on any day between 16th June 2017 to 14th June 2020

Time Table

Preferred Applicants (closing date) 27th May 2010
General Public (opening) 31st May 2010

Minimum application for bonds

Preferred Applicants € 1,000
General Offer € 1,000

 

 

 

For advice on whether this bond issue is suitable for inclusion in your investment portfolio please contact one of our investment advisors on 25 688 688 or send us an email on [email protected]

 

For advice on whether this bond issue is suitable for inclusion in your investment portfolio please contact one of our investment advisors on 25 688 688 or send us an email on