Arsenal Securities Plc Notice to Redeem Two Series of Outstanding Bonds (4598S)
July 09 2020 - 2:00AM
UK Regulatory
TIDM57MA
RNS Number : 4598S
Arsenal Securities Plc
08 July 2020
ARSENAL SECURITIES PLC
NOTICE OF EARLY REDEMPTION
in respect of the
GBP210,000,000 5.1418 per cent. Guaranteed Secured Bonds due
2029 (the "Fixed Rate Bonds")
ISIN: XS0261374200
Common Code: 026137420
8 July 2020
NOTICE IS HEREBY GIVEN to the holders of the Fixed Rate Bonds
that Arsenal Securities Plc will redeem, on 14 August 2020, the
Fixed Rate Bonds in whole in accordance with condition 6.2 of the
Fixed Rate Bonds (the "Conditions") at the Redemption Price
equivalent to GBP33,341.66 per Fixed Rate Bond of GBP50,000 being
the Outstanding Principal Amount of each Fixed Rate Bond multiplied
by 123.0852 per cent., being the price reported to the Bond Trustee
and the Issuer by the Expert in accordance with the Conditions,
together with an accrued interest amount of GBP628.29 per Fixed
Rate Bond.
The Issuer is financing the redemption of the Fixed Rate Bonds
by a loan provided by KSE, UK, Inc.
Terms used but not defined in this notice shall have the
meanings given to them in the Conditions.
For further information, Bondholders should contact:
Stuart Wisely
Arsenal Securities Plc
ARSENAL SECURITIES PLC
NOTICE OF EARLY REDEMPTION
in respect of the
GBP50,000,000 Floating Rate Guaranteed Secured Bonds due 2029
(the "Floating Rate Bonds")
ISIN: XS0261374549
Common Code: 026137454
8 July 2020
NOTICE IS HEREBY GIVEN to the holders of the Floating Rate Bonds
that Arsenal Securities Plc will redeem, on 14 August 2020, the
Floating Rate Bonds in whole in accordance with condition 6.3 of
the Floating Rate Bonds (the "Conditions") at GBP50,077,096.48,
being the Outstanding Principal Amount of the Floating Rate Bonds
amounting to GBP50,000,000, with an accrued interest amount and
Step-Up Fees of GBP77,096.48.
The Issuer is financing the redemption of the Floating Rate
Bonds by a loan provided by KSE, UK, Inc.
Terms used but not defined in this notice shall have the
meanings given to them in the Conditions.
For further information, Bondholders should contact:
Stuart Wisely
Arsenal Securities Plc
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END
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