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Prospect News home > News index > List of issuers C > Headlines for CLS Holdings plc > News item
Published on 10/25/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

CLS subsidiary to redeem £23.5 million 10.765% amortizing bonds

By Sarah Lizee

Olympia, Wash., Oct. 25 – CLS Holdings plc said its subsidiary gave notice to redeem its £23.5 million 10.765% amortizing bonds due 2025, according to a filing with the London Stock Exchange.

The bonds will be redeemed in full on Dec. 4 at a redemption price of £141.112 per £100 principal amount together with accrued interest for a total payment of £33.1 million.

The payment will be financed from existing cash resources of the group.

CLS Holdings is a commercial property investment company based in London.


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