International Hotel Investments, a member of the Corinthia Group, will be issuing €10,000,000 5.8% bonds redeemable in 2023 with a nominal value of €100 per Bond, issued at par.
The company said it will be granting preference to holders of the 6.5% International Hotel Investments p.l.c. bonds maturing on March 27, 2014 who surrender the maturing bonds.
The cut-off date for such eligibility will be today, which is also the last trading date in the maturing bonds. Trading in the maturing bonds will be suspended as from tomorrow.
Full details of the bond Issue are included in the prospectus which will be available on the Company’s website (www.ihiplc.com) from tomorrow and at authorised financial intermediaries from October 24.