Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Debentures Early Redemption

3rd Aug 2007 14:11

Whitbread PLC03 August 2007 Whitbread PLC3 August 2007 STOCK EXCHANGE ANNOUNCEMENT WHITBREAD PLC ("Whitbread") Proposals re. Redemption of Debenture Stock Whitbread today announces that its wholly owned subsidiary, Whitbread Group PLC("WGPLC") has convened separate meetings of holders of its £200,484,515 11.625%Debenture Stock due 2011 and £100,000,000 8.125% Debenture Stock due 2021. Eachmeeting, which will be held on Thursday 30 August 2007, will considerextraordinary resolutions relating to the early redemption of such stocks andthe price payable on such early redemption. Any amounts payable on redemption of the Debenture Stock following the passingof the resolutions would be financed out of existing cash resources and shortterm bank borrowings. 3 August 2007Whitbread PLCWhitbread CourtHoughton Hall Business ParkDunstable LU5 5XEEnquiries to: Attn: Daren LowryTel: 01582 889346 CE072120026 This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Whitbread
FTSE 100 Latest
Value8,275.66
Change0.00