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Hansteen offer to bond holders

27 June 2017 08:18

Hansteen Holdings has invited holders to sell and/or convert the outstanding €100m Hansteen (Jersey) Securities Limited 4% guaranteed convertible bonds due 2018.

The bonds were issued on 3 July 2013 and are guaranteed by Hansteen.

The group said it was seeking to adjust its financing structure following the completion of the sale of the German and Dutch portfolios, announced last week.

Hansteen said the cash amount payable per €100,000 principal amount of the bonds offered and accepted for sale was €140,039.50.

It said this was the purchase price of €138,150.00 plus an accrued interest payment of €1,889.50 per €100,000 principal amount.

At 8:18am: (LON:HSTN) Hansteen Holdings PLC share price was +0.25p at 124.05p

Story provided by StockMarketWire.com

Related Company: HSTN

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