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Cablenet Communication Systems Limited through its parent company GO plc has announced the issuance of €40,000,000 4% unsecured bonds redeemable in 2030 having a nominal value of €100 per Bond which shall be issued at par.
If you wish to apply for these bonds kindly contact us on +25 688 688 or via our live chat and one of our Financial Advisers will contact you.
Business Overview: Cablenet is a quad play telecoms service provider in Cyprus offering television, broadband, fixed voice and mobile services to residential and business customers. Cablenet has achieved steady growth in its market share and revenue since 2008, largely due to offering “value for money” services with primarily high-speed multi-play bundles at competitive prices.
Use of proceeds: The net proceeds from the bond issue will be used for the development of the following projects:
How to register to buy the bonds?
Orders will be accepted from the 23rd July 2020 and can be submitted through one of our Financial Advisers. Our branches are based in Mosta, Sliema, B’kara, Qormi, and Fgura.
The offer is also available to CCTrader customers under the following instruments:
All orders must be submitted by not later than the 6th of August @ 1200hrs (Closing date).
The offer may close at an earlier date without prior notice as a result of over-subscription. Kindly note that non-nominee applications will be subject to a EUR 25 fee.
A copy of the registration document is available here, summary document here and securities note here.
The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Calamatta Cuschieri & Co. Ltd. (CC) has not verified and consequently neither warrants the accuracy nor the veracity of any information, views or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. CC does not accept liability for losses suffered by persons as a result of information, views or opinions appearing on this website.
Calamatta Cuschieri Investment Services Ltd is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act.
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