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Bonitron DAC   -  IRSH   

Notice to Noteholders

Released 15:08 02-Jan-2019

RNS Number : 9965L
Bonitron DAC
02 January 2019
 

Announcement on the commencement of the Programme

 

Date: 02.01.2019

 

Buyout Programme in respect of the U.S.$350,000,000 8.75 per cent. Loan Participation Notes due 2022 issued by Bonitron Designated Activity Company.

 

Bonitron Designated Activity Company ("Bonitron") announces that Eurotorg LLC ("Eurotorg"), the Borrower under the U.S.$350,000,000 8.75 per cent. Loan Participation Notes due 2022 (XS1577952010) (whereof U.S.$340,361,000 remain outstanding of which U.S.$32,775,000 are held by Eurotorg) issued by Bonitron (the "Notes"), is commencing a buyout programme for available Notes at the maximum amount of U.S.$ 30,000,000 during the period commencing on 02.01.2019 and ending on 28.02.2019. Notes purchased will be cancelled or held in treasury.

 

Eurotorg entered into an investment services agreement with Renaissance Securities (Cyprus) Limited ("RenCap") under which RenCap 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 Regulations.

 

 

 

For further information please contact:

 

EM (public relations advisor to Eurotorg)

 

Denis Denisov

denisov@em-comms.com

+7 985 410 3544

Peter Morley

morley@em-comms.com

+44 7927 186 645

 

 

Tom Blackwell

blackwell@em-comms.com

+7 919 102 9064

Maria Levitov

levitov@em-comms.com

+44 7553 092 429

 

Eurotorg LLC

 

Andrei Matsiavin

MatyavinA@eurotorg.by

+375 44 5006545

 

 

 

 

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

 

 


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Notice to Noteholders - RNS