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Prospect News home > News index > List of issuers S > Headlines for SVG Capital plc > News item
Published on 4/13/2015 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

SVG Capital purchases £10.95 million of 8.25% convertibles due 2016

By Tali Rackner

Norfolk, Va., April 13 – SVG Capital plc said it purchased and cancelled £10.95 million of its outstanding 8.25% convertible bonds due 2016, according to a filing with the London Stock Exchange.

The company purchased £6.45 million, or 7.4%, of the bonds on Friday and an additional £4.5 million, or 5.58%, on Monday.

Following the transactions, £76.2 million of the original £120 million bonds will remain outstanding.

SVG is a private equity investor and fund management business based in London.


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