Helical PlcLSE: HLCL

Repayment of £100m Convertible Bond

· Issued by Helical Plc
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


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