EQS-News
PlusPlus announces terms of Buyback offer for EUR 2022/2026 Bonds
- PlusPlus Capital announces buyback offer for EUR 2022/2026 Bonds at a discount of 45%.
- Settlement date for the buyback offer is before December 31, 2023.
- Acceptance period for the offer is from October 11 to October 27, 2023.
EQS-News: PlusPlus Capital Financial S.à.r.l. / Key word(s): Bond
PlusPlus announces terms of Buyback offer for EUR 2022/2026 Bonds |
The settlement date for the discounted buyback offer is prior to 31 December 2023, but after the payment of interest payable to the bondholders as of 31 July 2023. In case the discounted buyback offer is executed for any reason before the interest is payable to the bondholders, the discount will be reduced to 39.5%.
The period for accepting the offer is from 11 October until 27 October 2023.
For bondholders who do not accept the discounted buyback offer, the current terms will continue to apply, with repayment of the bond expected at maturity.
All the necessary documents for the voting are available on the website of PlusPlus Capital:
https://pluspluscapital.eu/investor-relations/reports-and-presentation ...
Contact:
PlusPlus Capital AS
Kaarel Raik, Member of the Management Board
Email: kaarel.raik@plusplus.ee
Phone: +372 56 606 148
About PlusPlus Capital:
PlusPlus is a pan-Baltic and Finnish technology-driven receivables management company with offices in Tallinn, Riga, Vilnius, and Helsinki. The Company acquires overdue loans and other non-performing exposures from financial institutions and non-financial sector merchants. With its core competence in handling claims against private individuals, PlusPlus prefers diversified portfolios balanced by geography, portfolio type, and other metrics.