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Prospect News home > News index > List of issuers P > Headlines for Punch Taverns Finance plc > News item
Published on 4/22/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Punch Taverns launches consent bid for three series of class A notes

By Sarah Lizee

Olympia, Wash., April 22 – Punch Taverns Finance plc unit Punch Taverns Finance B Ltd. launched a consent solicitation relating to its £201 million 7.369% class A3 secured notes due 2021 (Cusip: 744664AC7), £220 million 5.943% class A6 secured notes due 2022 (ISIN: XS0158121334) and £250 million 5.267% class A7 secured notes due 2024 (ISIN: XS0226319936).

The consent bid is related to the Covid-19 pandemic, according to a notice.

Exact terms of the consent bid were not disclosed in the notice.

Punch Taverns is a pub company based in Burton on Trent, England.


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