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Accession of additional guarantors to 2015 Bond

31st Aug 2010 11:30

RNS Number : 8662R
DSG International PLC
31 August 2010
 



PR XX/10

For Immediate Release

31 August 2010

 

DSG INTERNATIONAL PLC

 

£150,000,000 8.75% Guaranteed Notes due 2015 (the "Notes")

ISIN: XS0528872830

 

DSG international plc (the "Company") announces that Mastercare Service and Distribution Limited, DISL UK Limited and DSG Boxmoor Limited (each a wholly-owned subsidiary of the Company and together, the "New Guarantors"), have agreed to jointly and severally guarantee the Company's obligations under the Notes, the coupons and the trust deed constituting the Notes as set out under a first supplemental trust deed dated 27 August 2010 entered into among the Company, the New Guarantors and HSBC Corporate Trustee Company (UK) Limited as the trustee for the Notes.

 

These will be in addition to the guarantors set out in the prospectus dated 26 July 2010. As a result the guarantors now comprise DSG International Holdings Limited, DSG Card Handling Services Limited, Coverplan Insurance Services Limited, DSG International Treasury Management Limited, DSG Overseas Investments Limited, DSG European Investments Limited, DSG Ireland Limited, DSG Retail Limited, DSG Retail Ireland Limited, Mastercare Service and Distribution Limited, DISL UK Limited and DSG Boxmoor Limited.

 

- Ends -

 

For further information

David Lloyd-Seed, Group Director of Communications, DSGi 01727 205065

Mark Webb, Head of Media Relations, DSGi 01727 205019

 

Information on DSG international plc is available at http://www.dsgiplc.com

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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