Mediterranean Investments Holding has announced a €20 million 5.5% bond issue guaranteed by Corinthia Palace Hotel Company with a nominal value of €100 per Bond, issued at par.

The company will also be redeeming the €20 million 7.5% Mediterranean Investments Holding bonds 2015.

Holders of the maturing bonds will be granted preference to subscribe to the new bonds up to the limit of their existing holding, subject to a minimum amount of €2,000, by surrendering their respective holding in the maturing bonds.

Holders of the maturing bonds will also be given the opportunity to invest
additional amounts in the new bonds in respect of any balance unsubscribed
for during the Exchange Offer. 

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