| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for Arsenal Securities plc > News item |
Arsenal Securities calls 5.1418% bonds due 2029, floaters due 2029
By Taylor Fox
Chicago, July 9 – Arsenal Securities plc plans to redeem its £210 million 5.1418% fixed-rate guaranteed secured bonds due 2029 (ISIN: XS0261374200) in whole on Aug. 14, according to a news release.
The fixed-rate bonds will be redeemed at a redemption price of 123.0852, or £33,341.66 per £50,000 principal amount, together with accrued interest of £628.29 per bond.
Arsenal will also redeem its floating-rate guaranteed secured bonds due 2029 (ISIN: XS0261374549) in whole at £50,077,096.48, which is the outstanding principal amount of £50 million and accrued interest of £77,096.48.
The redemption of both series of bonds will be financed by a loan from KSE, UK, Inc.
Arsenal Securities is an institutional brokerage services company located in London.
© 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.