3rd Aug 2005 11:04
Rentokil Initial PLC03 August 2005 3rd August 2005 Rentokil Initial plc EARLY REPAYMENT OF ASHTEAD UNSECURED CONVERTIBLE LOAN NOTE __________________________________________ Further to the announcement on 7th July 2005, Rentokil Initial plc confirms thatit has today received the anticipated £129.9 million in respect of the agreed,early repayment of the £134 million unsecured loan note, which was due forrepayment in 2008. This early repayment has removed the potential risk of future payment defaultand eliminated the potential future volatility on reported financial resultsunder the new International Financial Reporting Standards, particularly IAS39. For further information R C Payne, Finance Director 01342 833022C D Grimaldi, Corporate Affairs Director This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Rentokil Initial