| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item |
Retail Charity/Charities Aid start tender offer for 5% bonds due 2026
Chicago, Nov. 11 – Retail Charity Bonds plc (RCB Bonds plc) announced a tender offer made by Charities Aid Foundation for all of the £30 million 5% bonds due April 12, 2026 (ISIN: XS1386668591), according to a notice.
The bonds were issued by RCB and are secured by a loan to the foundation.
The offer is to buy any and all of the bonds at 111.35 plus accrued interest.
Subject to a new financing condition, the offer expires at 11 a.m. ET on Nov. 25.
Allocation priority for the new bonds may be given to tendering noteholders.
Settlement is planned for Dec. 9.
City & Continental (trading as Allia C&C) is the dealer manager (+44 20 3039 3460).
Lucid Issuer Services Ltd. is the tender agent (+44 20 7704 0880).
Retail Charity Bonds is an initiative of Allia, a U.K. charity and social investment specialist, and established in association with Canaccord Genuity. CAF provides services to charities, including help with fundraising.
© 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.