REG - Guaranty Trust Bank - Notice of issuer substitution <Origin Href="QuoteRef">GUARANT.LG</Origin>

Guaranty Trust HoldingAnnouncement

18/04/2017 13:00

RNS Number : 6106C
Guaranty Trust Bank PLC
18 April 2017
Guaranty Trust Bank plc 
NOTICE OF ISSUER SUBSTITUTION: U.S.$400,000,000 6.0 per cent. Notes due 2018 issued by GTB Finance B.V. unconditionally and irrevocably guaranteed by Guaranty Trust Bank Plc (ISIN: XS0992162635, US36243PAB13) (CUSIP: 36243PAB1)

Lagos, Nigeria - April 18, 2017: Notice is hereby given to the holders of the U.S.$400,000,000 6.0 per cent. Notes due 2018 (the "Notes") issued by GTB Finance B.V. (the "Original Issuer"), unconditionally and irrevocably guaranteed by Guaranty Trust Bank plc (the "Bank") that the Bank intends that, pursuant to:
(i) Clause 24 (Substitution of GTB Finance by the Bank) of the amended and restated trust deed dated 31 October 2013 between Deutsche Trustee Company Limited (the "Trustee"), the Original Issuer and the Bank (the "Trust Deed");
(ii) Condition 16(b) (Substitution of the Issuer by the Guarantor) of the terms and conditions of the Notes; and 
(iii) a supplemental trust deed to be dated as of April 24, 2017 between the Trustee, the Original Issuer and the Bank, 
with effect on and from April 24, 2017, the Bank will succeed to, and be substituted for and may then exercise every right and power and shall be bound by every obligation of, the Original Issuer under the Notes and the Trust Deed with the same effect as if the Bank had originally been named as the issuer under the Trust Deed and the Notes.
This announcement is made by:
Guaranty Trust Bank Plc
Plot 635 Akin Adesola Street
Victoria Island, Lagos
Nigeria
This announcement constitutes a public disclosure of inside information by 
Enquiries: 
GTBank
Golden Nwaiwu, Head, Investor Relations
ir@gtbank.com
+234-1-4484156
Oyinade Adegite, Head, Communications & External Affairs
+234-1-2715227
cea@gtbank.com

Instinctif Partners
+44 20 7457 2020
Mark Garraway

Rosie Driscoll 

on behalf of Guaranty Trust Bank Plc under Regulation (EU) 596/2014 (16 April 2014).

This information is provided by RNS
The company news service from the London Stock Exchange
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