7th Oct 2008 11:09
Punch Taverns plc (the "Company")
Punch Taverns announces that it has been informed by The Royal Bank of Scotland plc ("RBS") (as tender agent) that, pursuant to the terms of the invitation memorandum sent to holders of the Class A3(N) bonds within its Punch Taverns Finance securitisation on 1 October 2008, bonds representing 82 per cent. of those presently outstanding have been offered for tender with all but two bondholders wishing to participate in the tender.
The Company has instructed RBS to extend the period during which bonds may be offered for purchase so that it will now expire at 10:00 a.m. (London time) on Wednesday 8 October 2008.
7 October 2008
Enquiries:
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Punch Taverns plc
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01283 501728
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Giles Thorley, Chief Executive
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Phil Dutton, Finance Director
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Ed Bashforth, Head of Corporate Finance
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College Hill
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020 7457 2020
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Justine Warren
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Matthew Smallwood
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The Royal Bank of Scotland plc
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020 7085 8056 / 3781
Email: [email protected]
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Andrew Burton
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Gianmarco Deiana
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Related Shares:
Punch Taverns PLC