Brief: Fonciere Volta Considers Bond Repurchase

Fonciere Volta SA

03/12/2021 17:34

Dec 3 (Reuters) - Fonciere Volta SA  SPOE.PA :
    * LAUNCH OF A BOND REPURCHASE OPERATION ISSUED BY FONCIERE
VOLTA
    * THE REPURCHASE WOULD BE CARRIED OUT ON DECEMBER 20, 2021
    * IN ORDER TO EXTEND THE MATURITY OF ITS DEBT AND TO
OPTIMISE THE
FINANCIAL CONDITIONS, THE COMPANY IS STUDYING THE POSSIBILITY OF
CARRYING OUT A NEW BOND ISSUE WHICH WILL BE ADDRESSED
EXCLUSIVELY TO QUALIFIED INVESTORS
    * THE BUYBACK WOULD BE COMPLETED ON 20 DECEMBER 2021
CONCURRENTLY
WITH THE ISSUE OF THE NEW BONDS SUBJECT TO THE CONDITION THAT
THE ISSUE OF THE NEW EUR 16,000,000
    * REDEMPTION OF ALL OR PART OF THE BONDS ISSUED BY THE
COMPANY IN
TWO TRANCHES ON 28 DECEMBER 2017 AND 9 FEBRUARY 2018
RESPECTIVELY, FOR A TOTAL NOMINAL AMOUNT OF EUR 21,275,000,
BEARING INTEREST AT A RATE OF 4.75% PER ANNUM AND MATURING ON 28
DECEMBER 2022

Source text for Eikon:  ID:nACT72226 
Further company coverage:  SPOE.PA 

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