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International Hotel Investments Plc
Capital/Financing Update • Dec 14, 2016
2045_rns_2016-12-14_fa6f888a-cdab-418f-bfd6-0b02818d01ca.pdf
Capital/Financing Update
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COMPANY ANNOUNCEMENT
€40 million 4% Unsecured Bonds 2026
International Hotel Investments p.l.c. (the "Company") is pleased to announce that the issue of €40 million 4% Unsecured Bonds 2026 has been oversubscribed. As a result, the intermediaries' offer which was scheduled for 16 December 2016 has been cancelled.
In terms of the prospectus, the Company will be announcing the basis of acceptance of applications and allocation policy by not later than 20 December 2016.
The Board of Directors wishes to thank the bondholders of the Company and of Island Hotels Group Holdings p.l.c. for their support.
Alfred Fabri Company Secretary
14 December 2016