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Marlin- Bond Redemption
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON LOCATED OR RESIDENT IN OR INTO JAPAN OR AUSTRALIA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT
MARLIN INTERMEDIATE HOLDINGS PLC
Marlin Intermediate Holdings Plc announces the completion of its conditional redemption of its outstanding £150,000,000 10.5% Senior Secured Notes due 2020 At a price of 105.250% of the Principal Amount Thereof
(Regulation S Notes: Common Code 080863799, ISIN XS0808637994)
(Rule 144A Notes: Common Code 080863209, ISIN XS0808632094)
September 5, 2017 — Marlin Intermediate Holdings Plc (the “Issuer”) announces today the completion of its conditional redemption (“Redemption”) of its outstanding £150,000,000 10.5% Senior Secured Notes due 2020 (the “Notes”).
The Redemption was made upon the terms and conditions of the conditional notice of redemption dated as of August 24, 2017 (the “Redemption Notice”). The Redemption was subject to the terms and conditions set forth in the Redemption Notice, including a financing condition and applicable law. Capitalized terms used and not otherwise defined in this announcement have the meanings ascribed to them in the Redemption Notice.
The Issuer hereby announces that the Condition (as defined in the Redemption Notice) has been satisfied and therefore, pursuant to Section 3.07(a) of the indenture governing the Notes, £150,000,000 in aggregate principal amount of Notes were redeemed, at a purchase price equal to 105.250% of the principal amount of the Notes on the date of purchase plus accrued and unpaid interest, from and including the date of the most recent payment of interest on the Notes to but excluding the Redemption Date (as defined in the Redemption Notice).
For media enquiries, please contact:
Becky Cimelli
PR Manager, Cabot Credit Management
Tel: +44 (0) 7780 495082
Email: [email protected]
For Investor Relations:
Mr. Craig Buick
Chief Financial Officer, Cabot Credit Management
Tel: + 44 (0)1753 724 049
Email: [email protected]
Forward-Looking Statements
The statements in this press release that are not historical facts, including, most importantly, those statements preceded by, or that include, the words “may,” “believe,” “projects,” “expects,” “anticipates” or the negation thereof, or similar expressions, constitute “forward-looking statements” within the meaning of the securities laws of certain jurisdictions, These statements may include, but are not limited to, statements regarding the actual terms of the notes, the completion, timing and size of the proposed private offering, the anticipated use of proceeds from the offering. For all “forward-looking statements,” Cabot Credit Management claims the protection of any available safe harbor for forward-looking statements contained in such securities laws. Such forward-looking statements involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Cabot Credit Management and its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Cabot Credit Management disclaims any intent or obligation to update these forward-looking statements. Given these risks and uncertainties, you should not rely on forward-looking statements as a prediction of actual results.
Media contact information
Press enquiries may be sent to: [email protected]
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