ContourGlobal offers another EUR 100m in notes via private add-on
ContourGlobal
251.00p
16:39 19/12/22
ContourGlobal Power Holdings announced its intention to offer an additional €100m (£91.52m) aggregate principal amount of its existing 4.125% senior secured notes due 2025 in a private offering on Tuesday.
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The FTSE 250 firm said the offering would be to eligible purchasers, as an add-on to the existing €300m aggregate principal amount of notes issued in July last year.
“The notes will have identical terms as the existing notes, other than the date of issue, the initial date from which interest will accrue and the initial price,” the ContourGlobal board said in its statement.
“The issuer intends to use the net proceeds from the offering for general corporate purposes.”