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Repayment of £100m Convertible Bond

18th Jun 2019 07:00

RNS Number : 5131C
Helical PLC
18 June 2019
 

 

18 June 2019

 

HELICAL PLC

('Helical'/ 'the Company')

HELICAL REPAYS ITS £100M CONVERTIBLE BOND

 

Helical has confirmed that its five year £100m Convertible Bond with a 4.0% coupon, originally issued in June 2014, has been repaid out of existing cash resources. The repayment of this listed unsecured debt instrument will reduce the Company's gross annual finance costs by £4.0m.

 

For further information please contact:

 

Helical plc

 

Tim Murphy (Finance Director)

Tel: 020 7629 0113

 

Address: 5 Hanover Square, London W1S 1HQ

 

Website: www.helical.co.uk

 

 

FTI Consulting

 

Dido Laurimore/Richard Gotla

Tel: 020 3727 1000

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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