Announcement on the commencement of the Buyout Programme in respect of the U.S.$300,000,000 9.00 per cent. Loan Participation Notes due 2025 issued by Bonitron Designated Activity Company
23 November 2021
Bonitron Designated Activity Company («Bonitron») announces that Eurotorg LLC («Eurotorg») the Borrower under the U.S.$300,000,000 9.00 per cent. Loan Participation Notes due 2025 (XS2243344434) (whereof U.S.$300,000,000 remain outstanding, of which U.S.$100,000,000 are held by Eurotorg) issued by Bonitron (the «Notes»), is commencing a buyout programme in respect of the available Notes in the maximum amount of U.S.$10,000,000 during the period beginning on 23.11.2021 and ending on 31.01.2022. The purchased Notes will be cancelled or held in treasury.
Eurotorg entered into investment services agreements with Renaissance Securities (Cyprus) Limited («RenCap»), Sova Capital Limited («Sova Capital»), BCS Prime Brokerage Limited («BCS») and Credit Suisse AG («CS») under which RenCap, Sova Capital, BCS and CS will, for and on behalf of Eurotorg, execute orders to purchase the Notes in the open market or by a private agreement.
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 Regulation.
For further details, please contact:
Investor Relations, Eurotorg LLC
Andrei Belkavets |
International Media
Denis Denisov |
Peter Morley |
