Annington Finance offers to repurchase £20.75 million bonds on Oct. 10

By Susanna Moon

Chicago, Oct. 1 – Annington Finance No. 4 plc said it began an offer to repurchase about £20,753,000 of its class B3 notes.

The redemption funds that are expected to be available on the interest payment date of Oct. 10 will be about £20,753,000, according to a company notice.

The dealer is Nomura International plc.

Under the offer, noteholders may provide the issuer with details in writing of the number of class B3 notes they are willing to offer for sale and the price at which they are willing to offer the notes for sale, the notice said.

Offers must be sent by 5 a.m. ET on Oct. 6 to chief financial officer Andrew Chadd by email at andrewc@annington.co.uk or by fax at +44 20 7340 9816.

Noteholders whose offers are accepted will be contacted by Nomura of the purchase price on Oct. 9.

Annington is a London-based company that refurbishes and sells former Ministry of Defense homes.

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