Brief: Solteq Issues New Notes In Nominal Amount Of EUR 23 Mln, Redeems Its Outstanding Notes Due 2021

Solteq Oyj

24/09/2020 15:18

Sept 24 (Reuters) - Solteq Oyj  SOLTEQ.HE :
    * SOLTEQ PLC ISSUES NEW NOTES IN A NOMINAL AMOUNT OF EUR 23
MILLION AND REDEEMS ITS OUTSTANDING NOTES DUE 2021
    * NEW NOTES HAVE AN ISSUE PRICE OF 100 PER CENT OF THEIR
NOMINAL
AMOUNT AND BEAR A FIXED INTEREST RATE OF 6.00 PER CENT PER ANNUM
    * REDEEMS ITS EUR 27 MILLION SENIOR UNSECURED FIXED RATE
NOTES
WITH ISIN FI4000157631
    * ALL OUTSTANDING NOTES WILL BE REDEEMED IN FULL ON 13
OCTOBER
2020
    * NEW NOTES WILL MATURE ON 1 OCTOBER
    * NEW NOTES WILL MATURE ON 1 OCTOBER 2024
    * NEW NOTES HAVE AN ISSUE PRICE OF 100 PER CENT OF THEIR
NOMINAL
AMOUNT AND BEAR A FIXED INTEREST RATE OF 6.00 PER CENT PER ANNUM
    * PROCEEDS FROM ISSUE WILL BE USED FOR REFINANCING OF
COMPANY'S
EXISTING NOTES AND FOR GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nWkrB6Fjm 
Further company coverage:  SOLTEQ.HE 

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