E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/15/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Investcorp redeems $52.38 million preferreds, calls $21.24 million more

By Tali Rackner

Norfolk, Va., July 15 – Investcorp SA announced that parent Investcorp Bank redeemed 52,382 of its preference shares for a total redemption price of $52,382,000, according to a filing with the London Stock Exchange.

The bank also gave notice that it will redeem an addition 21,243 preferreds on Aug. 12 for a total redemption price of $21,243,000.

Investcorp is an investment company based in Bahrain.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.