Business
Repayment of £100m Convertible Bond
Repayment of £100m Convertible Bond.
About this update from Helical Plc
[{"type":"text","content":"\n \nRNS Number : 5131C Helical PLC 18 June 2019 \n\n \n18 June 2019\n \nHELICAL PLC \n('Helical'/ 'the Company')\n \nHELICAL REPAYS ITS £100M CONVERTIBLE BOND \n \nHelical 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.\n \nFor further information please contact:\n \n\n\n\n\nHelical plc\n\n\n \n\n\n\n\nTim Murphy (Finance Director)\n\n\nTel: 020 7629 0113\n\n\n\n\n \n\n\nAddress: 5 Hanover Square, London W1S 1HQ\n\n\n\n\n \n\n\nWebsite: www.helical.co.uk \n\n\n\n\n \n\n\n \n\n\n\n\nFTI Consulting\n\n\n \n\n\n\n\nDido Laurimore/Richard Gotla\n\n\nTel: 020 3727 1000\n\n\n\n\n \n\nThis 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. END MSCBSGDLUBBBGCR\n ","length":4585,"tagName":"div"}]