Business
Announcement of interest in bond buy-backs
Announcement of interest in bond buy-backs.
About this update from 3i Group Plc
[{"type":"text","content":"\n \nRNS Number : 6683Y 3i Group PLC 19 May 2016 \n\nAnnouncement of interest in bond buy-backs \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON, OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT\n \n19 May 2016\n3i Group plc (the \"Company\") announced today that it has authorised with immediate effect a purchase programme (the \"Programme\") pursuant to which the Company may from time to time purchase, through open market purchases or private transactions the following securities (the \"Notes\"):\n\n\n\n\nDescription of the Notes\n\n\nAmount O/S\n\n\n\n\n€350,000,000 5.625% Notes due 17 March 2017\nXS0495913229\n\n\n€331,140,000\n\n\n\n\n \nThe Company will decide in its sole discretion the total amount of Notes repurchased under the Programme. The price of a particular buy-back under the Programme is to be determined between the Company and relevant Noteholder. \nAny Notes repurchased by the Company under the Programme will be cancelled. \nThe Programme is being carried out to manage liquidity in advance of the bond being repaid from existing cash reserves. \n \n \nRequests for information in relation to the Programme should be directed to:\nDeutsche Bank AG, London Branch\nWinchester House\n1 Great Winchester Street\nLondon EC2N 2DB\nUnited Kingdom\nTelephone: +44 (0) 207 545 8011\n \n \n \nDISCLAIMER\nThis announcement contains important information, which should be read carefully before any decision is made. If you are in doubt as to the action you should take, you are recommended to seek your own financial advice, including as to any tax consequences, from your stockbroker, bank manager, solicitor, accountant or other independent financial, tax or legal advisor. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to sell such Notes. None of the Company or Deutsche Bank makes any recommendation whether Noteholders should sell Notes. \nOFFER AND DISTRIBUTION RESTRICTIONS\nThe distribution of this announcement in certain juris...