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!

Potential NEC exchange offer

4th Feb 2005 07:30

City of Birmingham04 February 2005 Disclosure of potential NEC exchange offer Date: 4 February 2005 Birmingham City Council (the "City") confirms that, as part of its currentreview into the financing of The National Exhibition Centre in Birmingham, it isin discussions with its advisors, UBS Investment Bank and Sector TreasuryServices Ltd, with regard to making a public exchange offer to the holders ofthe following listed stock issued by NEC Finance plc: £100,000,000 10.625% due 30th September 2016 ISIN: GB0006185440£115,000,000 13.625% due 30th September 2016 ISIN: GB0006185440 A further announcement by the City will be made in due course. In the meantime,there can be no assurance that any offer will be made. Contacts: UBS Investment Bank Rob RitchieTel: +44 207 567 3348 Tim LaceyTel: +44 207 567 8940 This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Nec Fin.7.5625%
FTSE 100 Latest
Value8,275.66
Change0.00