Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for A2D Funding plc > News item |
A2D says redemption price for £75 million bonds will be 101.684
By Wendy Van Sickle
Columbus, Ohio, April 12 – A2D Funding plc announced that it will redeem £75 million principal amount of its 4¾% guaranteed bonds due 2022 (ISIN: XS10975865949) at 101.684, according to a notice.
The notes will be redeemed on April 18 as announced on April 1.
The purchase price amounts to par plus accrued interest, with bondholders entitled to the last coupon payment that will accrue, reduced by 50%.
Following the early redemption, £75 million principal amount of the bonds will remain outstanding.
A2D Funding is an entity of A2Dominion Housing Group Ltd., a London-based housing provider.
© 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.