The Board of Directors of International Hotel Investments p.l.c. announces that it will be issuing €20,000,000 in new 5.8% Bonds redeemable in 2021 (the "Bonds") with a nominal value of €100 per Bond, issued at par.
The Company will be granting preference to holders of the 6.3% International Hotel Investments p.l.c. Bonds and 6.2%-6.8% International Hotel Investments p.l.c. Bonds both maturing on 15th February 2013 (the "Maturing Bonds") to subscribe to the Bonds by surrendering the Maturing Bonds.
The Board therefore announces that the Cut-Off Date for such eligibility will be 16th November 2012, which is also the last trading date in the Maturing Bonds. Trading in the Maturing Bonds will be suspended as from 19th November 2012, in order to facilitate the process to surrender and transfer the Maturing Bonds to the Bonds.
Full details of the Bond Issue are included in the Prospectus
Application form is available here
For an advice on the new issues, please contact our offices on 25 688 688 or [email protected]