We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ashtead Group Plc | LSE:AHT | London | Ordinary Share | GB0000536739 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
68.00 | 1.19% | 5,772.00 | 5,792.00 | 5,796.00 | 5,864.00 | 5,746.00 | 5,798.00 | 823,883 | 16:35:03 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Heavy Constr Eq Rental,lease | 9.67B | 1.62B | 3.6961 | 15.68 | 25.37B |
TIDMAHT TIDM38LP
RNS Number : 8369N
Ashtead Group PLC
11 August 2017
ASHTEAD CAPITAL, INC.
6.50% Second Priority Senior Secured Notes due 2022
NOTICE OF REDEMPTION
CUSIP Nos. (144A ISIN Nos. (144A Aggregate Notes / Notes / Principal Description Regulation S Regulation S Amount of Notes Notes) Notes) ------------- ----------------- ----------------- ---------------- $900,000,000 6.50% Second 045054AB9 / US045054AB98 Priority Senior U04344AB0 / USU04344AB07 Secured Notes due 2022
Reference is made to the Indenture, dated as of July 16, 2012, as amended by Supplemental Indenture No. 1 dated as of November 19, 2012, Supplemental Indenture No. 2 dated as of June 25, 2013, Supplemental Indenture No. 3 dated as of December 17, 2013, Supplemental Indenture No. 4 dated as of February 6, 2015 and Supplemental Indenture No. 5, dated as of July 28, 2017 (the "Indenture"), among Ashtead Capital, Inc. (the "Issuer"), Ashtead Group plc, as Parent Guarantor, the Subsidiary Guarantors named therein and The Bank of New York Mellon, as trustee, collateral agent and paying agent (the "Trustee" and "Paying Agent"), governing the Issuer's 6.50% Second Priority Senior Secured Notes due 2022 (the "Notes"). Any capitalized term used but not otherwise defined herein has the meaning assigned to such term in the Indenture.
1. The Issuer hereby notifies the Holders of the Notes of a redemption of the Notes, pursuant to paragraph (c) of Section 3.05 of the Indenture and paragraph (c) of Section 6 of the Notes as follows:
Redemption Date: September 10, 2017.
Principal Amount of Notes to be Redeemed: $331,966,000.
Redemption Price: 103.250% of the principal amount of the Notes plus accrued and unpaid interest to, but not including, the Redemption Date. Interest on the Notes accrues at a rate of 6.50% per annum, payable semi-annually in arrears on January 15 and July 15 of each year. The amount of accrued and unpaid interest to be paid to Holders pursuant to the redemption represents interest accrued from July 15, 2017, the last Interest Payment Date prior to the Redemption Date, to, but not including, the Redemption Date.
Paying Agent: The Notes called for redemption are to be surrendered for payment of the Redemption Price at The Bank of New York Mellon, One Canada Square, 40th Floor, London E14 5AL, England, acting as the Issuer's agent.
2. The Notes called for redemption must be surrendered to the Paying Agent to collect the Redemption Price.
3. No representation is made as to the correctness of any CUSIP or ISIN numbers either as printed on the Notes or as contained in this Notice of Redemption, and each Holder may rely only on the other identification numbers printed on the Notes.
4. On the Redemption Date, the Redemption Price will become due and payable on Notes called for redemption and, unless the Issuer and the Guarantors default in making such redemption payment, interest on Notes called for redemption shall cease to accrue on and after the Redemption Date.
EACH HOLDER IS URGED TO CONSULT ITS TAX ADVISOR AS TO THE PARTICULAR TAX CONSEQUENCES OF REDEMPTION TO SUCH HOLDER, INCLUDING THE APPLICABILITY AND EFFECT OF FEDERAL, STATE, LOCAL AND OTHER TAX LAWS.
Dated as of August 11, 2017
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGMGMRVMMGNZM
(END) Dow Jones Newswires
August 11, 2017 12:11 ET (16:11 GMT)
1 Year Ashtead Chart |
1 Month Ashtead Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions