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International Hotels Investments plc has announced the issue of €55,000,000 of 4% Secured Bonds redeemable in 2026, with a face value of €100. The issue is guaranteed by IHI Magyarország Zrt.
The issue will be split into a tranche of €30,000,000 which will be open to Preferred Applicants and a tranche of €25,000,000 which will be open to the general public. Preferred Applicants are defined as shareholders of International Hotels Investments plc as at the 30th of June 2016. Should the tranche reserved for Preferred Applicants not be taken up in its entirety, the remaining funds will be allocated to the general public.
Applications for Preferred Applicants are currently open, and will close on the 19th of July at 10am. Applications for the general public will open on the 4th of July and will close on the 22nd of July at 10am.
Applications must be for a minimum value of €2,000 and multiples of €100.
A copy of the prospectus is available HERE
Orders may be placed by contacting us on 25 688 688 or via email on [email protected]. Orders can be placed directly via CCTrader platform.
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