RSL Finance (No.1) Plc - Trading Statement
01 Oktober 2021 - 1:53PM
PR Newswire (US)
RSL FINANCE (NO. 1) PLC
ANNOUNCEMENT OF BOND REDEMPTION
In respect of the
RSL Finance (No. 1) PLC 6.625%
secured bonds due 2038 (the “Bonds”)
1 October 2021
RSL Finance (No. 1) PLC announces that Sanctuary Housing
Association (“Sanctuary”) has agreed to purchase £72.5 million
Initial Face Value of the Bonds. The purchase of the Bonds will
take place on 6 October 2021 and the
Bonds will then be submitted for cancellation on such date.
This Bond purchase will affect a corresponding repayment in full
of Sanctuary’s underlying loan with RSL Finance (No. 1) PLC.
For further information, please contact:
Luigi Belli, Director – Treasury
Services, Sanctuary Group
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