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Published on 4/19/2016 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Home Credit tenders for up to $70 million of Eurasia notes due 2021

New York, April 19 – Home Credit & Finance Bank LLC announced a tender offer for up to $70 million principal amount of the $200 million of loan participation notes due 2021 issued by Eurasia Capital SA.

The company is offering to pay $900 per $1,000 principal amount for the notes plus accrued interest.

Holders must tender by the expiration deadline of 11 a.m. ET on April 27.

If the offer is oversubscribed, notes will be accepted on a pro rata basis.

Home Credit said it is carrying out the tender in order to “optimize its liability portfolio and reduce the cost of its debt.”

HSBC Bank plc (+44 20 7992 6237 or liability.management@hsbcib.com) and PPF banka as (+420 224 175 836 or sales@ppfbanka.cz) are dealer managers. Lucid Issuer Services Ltd. (+44 20 7704 0880 or homecredit@lucid-is.com) is tender agent.

Home Credit is a Moscow-based lender.


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