Digi to Offer Additional Notes Worth EUR 125m

The Additional Notes will be consolidated and treated as a single class with the existing EUR 350m 5% senior secured notes due 2023.

Digi published a document stating that they decided to offer additional EUR 125m 5% senior secured notes due 2023, to be consolidated and treated as a single class with the existing EUR 350m 5% senior secured notes due 2023. The Company issued the Original notes under the Indenture initially dated 26 October 2016 and supplemented on 8 June 2017 and 28 June 2018 which are currently listed on the official list and trading on the regulated market of the Irish Stock Exchange.

The Additional Notes will be consolidated and treated as a single class with the Original Notes. The minimum denomination of the Additional Notes will be, EUR 100,000, the same as Original Notes. Also, the Additional Notes will have identical terms and conditions in all respects as the Original Notes, including, without limitation, with respect to payments of interest, waivers, amendments, redemptions and offers to purchase.

Note that the additional notes will be offered solely to qualified institutional buyers or non-U.S. persons purchasing the Additional Notes outside the United States in reliance on Regulation S under the U.S. Securities Act.

InterCapital
Published
Category : Flash News

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