Brief: Solteq Considers Issuance Of New Notes And Announces Redemption Of Its EUR 27 Mln Senior Unsecured Fixed Rate Notes

Solteq Oyj

15/09/2020 11:04

Sept 15 (Reuters) - Solteq Oyj  SOLTEQ.HE :
    * SOLTEQ PLC CONSIDERS THE ISSUANCE OF NEW NOTES AND
ANNOUNCES THE
VOLUNTARY TOTAL REDEMPTION OF ITS EUR 27 MILLION SENIOR
UNSECURED FIXED RATE NOTES DUE 2021
    * PROCEEDS FROM ISSUE WILL BE USED FOR REFINANCING OF
COMPANY'S
EXISTING NOTES AND FOR GENERAL CORPORATE PURPOSES.
    * ISSUANCE OF NEW NOTES IS EXPECTED TO TAKE PLACE IN NEAR
FUTURE
SUBJECT TO MARKET CONDITIONS
    * IT IS EXPECTED THAT COMPANY WILL APPLY FOR DELISTING OF
NOTES
FROM NASDAQ HELSINKI LTD
    * OUTSTANDING AMOUNT OF NOTES IS EUR 24.5 MILLION AND ANNUAL
FIXED
INTEREST RATE IS 6.00 PER CENT

Source text for Eikon:  ID:nWkr1s9vvj 
Further company coverage:  SOLTEQ.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))