Eden Finance plc launches €15 million bond issue

Eden Finance plc is to launch a €15 million bond issue, subject to regulatory approval, the company has announced. The bonds will be redeemable between 2017 and 2020 and are to be guaranteed by the parent company Eden Leisure Group Ltd. Proceeds from...

Eden Finance plc is to launch a €15 million bond issue, subject to regulatory approval, the company has announced.

The bonds will be redeemable between 2017 and 2020 and are to be guaranteed by the parent company Eden Leisure Group Ltd. Proceeds from the bond issue will be used to finance a bond exchange programme for the outstanding 6.7 per cent Eden Finance bonds plc 2010 Bonds which are due for redemption on October 12 and for the general financing requirements of the Eden Leisure Group. Further details on the bond issue will be issued soon.

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