Announcement on the purchase of the outstanding U.S.$300,000,000 9.000% Loan Participation Notes due 2025 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.
04 December 2020Bonitron Designated Activity Company (the “Issuer”) announces that, Eurotorg LLC (“Eurotorg”), intends to complete a purchase of U.S.$50,000,000 in aggregate principal amount of U.S.$300,000,000 9.000% Notes due 2025 issued by the Issuer for the sole purpose of funding a loan to Eurotorg (the “Notes”). The purchase is expected to be completed on or before 15 December 2020.
Following the completion of the purchase, and taking into account the Notes purchased by Eurotorg in the initial offering of the Notes, the aggregate principal amount of the Notes purchased by Eurotorg will be $100,000,000.
Eurotorg may purchase additional Notes on the open market subject to market conditions.
Eurotorg intends to hold the purchased Notes in treasury.
For further information please contact:
EM (public relations advisor to Eurotorg)
|
Denis Denisov |
Peter Morley |
|
Tom Blackwell |
Maria Levitov |
Eurotorg LLC
|
Andrei Belkavets |
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