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Name | Symbol | Market | Type |
---|---|---|---|
Genfinance 39 | LSE:93RF | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 143.515 | 0 | 01:00:00 |
TIDM93RF
RNS Number : 5850I
GenFinance II PLC
16 June 2011
Signing of Supplemental Bond Trust Deed dated the 16(th) June 2011
Genfinance II PLC (the "Company") issued GBP250 million 6.064% secured bonds due 2039 on 21(st) December 2009 (ISIN: XS0474146288). The Company purchased GBP50 million in nominal amount of this bond issue on the issue date, for potential future sale (the "Reserve Bonds"). The trust deed entered into at the time of issue required that the Reserve Bonds be cancelled if not sold by the Company within 18 months of the issue date (i.e. by 21(st) June 2011)(the "Cancellation Date"). The Company has today entered into a supplemental bond trust deed with the bond trustee which extends the Reserve Bond Cancellation Date by 12 months to 30 months after the issue date (i.e. to 21(st) June 2012). The Company will therefore continue to hold the Reserve Bonds for potential sale prior to the amended Cancellation Date. No other terms of the bond trust deed have been amended by the supplemental bond trust deed.
For more information please contact Robert Kerse, Finance Director (Email: robert.kerse@genesisha.org.uk; Telephone: 020 7563 0165).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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