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| Name | Symbol | Market | Type |
|---|---|---|---|
| Nec Fin.7.5625% | LSE:55KJ | London | Bond |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 142.973 | 0 | 01:00:00 |
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RNS Number:2061I
City of Birmingham
04 February 2005
Disclosure of potential NEC exchange offer
Date: 4 February 2005
Birmingham City Council (the "City") confirms that, as part of its current
review into the financing of The National Exhibition Centre in Birmingham, it is
in discussions with its advisors, UBS Investment Bank and Sector Treasury
Services Ltd, with regard to making a public exchange offer to the holders of
the following listed stock issued by NEC Finance plc:
#100,000,000 10.625% due 30th September 2016 ISIN: GB0006185440
#115,000,000 13.625% due 30th September 2016 ISIN: GB0006185440
A further announcement by the City will be made in due course. In the meantime,
there can be no assurance that any offer will be made.
Contacts:
UBS Investment Bank
Rob Ritchie
Tel: +44 207 567 3348
Tim Lacey
Tel: +44 207 567 8940
This information is provided by RNS
The company news service from the London Stock Exchange
END
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