Announcement on the completion of the buy-back programme in respect of the U.S.$350,000,000 8.75 per cent. Loan participation notes due 2022 issued by Bonitron Designated Activity Company
THIS ANNOUNCEMENT MAY CONTAIN INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF REGULATION (EU) NO 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 16 APRIL 2014 ON MARKET ABUSE (THE “MARKET ABUSE REGULATION”) AND IS DISCLOSED IN ACCORDANCE WITH THE ISSUER'S OBLIGATIONS UNDER ARTICLE 17 OF THE MARKET ABUSE REGULATIONS.20 June 2019
Bonitron Designated Activity Company (“Boniton”) announces today that, Eurotorg LLC (“Eurotorg”), the Borrower under the U.S.$350,000,000.00 8.75 per cent. Loan Participation Notes due 2022 (XS1577952010) issued by Bonitron (the “Notes”) issued by Bonitron, completed the following buy-back programmes for available Notes, that were announced previously (together, the "Buy-Back Programmes"):
a. programme announced on November 26, 2018 at the maximum amount of U.S.$ 20,000,000 during the period commencing on 26.11.2018 and ending on 31.12.2018;
b. programme announced on January 2, 2019 at the maximum amount of U.S.$ 30,000,000 during the period commencing on 02.01.2019 and ending on 28.02.2019;
c. programme announced on March 1, 2019 at the maximum amount of U.S.$ 20,000,000 during the period commencing on 01.03.2019 and ending on 30.04.2019;
d. programme announced on May 20, 2019 at the maximum amount of U.S.$ 20,000,000 during the period commencing on 20.05.2019 and ending on 10.06.2019.
As at the date of this announcement, following open market repurchases by Eurotorg, including under the Buy-Back Programmes, U.S.$ .$340,361,000 in the aggregate principal amount of the Notes remains outstanding of which U.S.$53,517,000 are held by Eurotorg.
For further information please contact:
EM (public relations advisor to Eurotorg)