Corinthia Finance p.l.c has announced that it has submitted an application to list €40 million in bonds redeemable in 2026. Furthermore, the company will redeem the €39,927,600 6.25% Unsecured Bonds 2016-2019 (ISIN: MT0000101239) on 24 September 2016 in accordance with the terms of the prospectuses dated 28 August 2009 and 12 February 2010.
Subject to approval and effective admission, the net proceeds from the sale of the new bonds will be used to redeem the existing bonds. Preference to subscribe for the new bonds will be given to existing holders.
The cut-off date for such eligibility shall be 15 March 2016. The last trading date in the existing bonds shall be 11 March 2016. Further details on the new bonds will be available after the necessary approvals.
For more information please contact us on 25 688 688 or [email protected]