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Prospect News home > News index > List of issuers E > Headlines for Elli Finance (UK) plc > News item
Published on 12/20/2023 in the Prospect News Distressed Debt Daily and Prospect News Liability Management Daily.

Elli administrators make pro rata payment on old notes from sale

Chicago, Dec. 20 – Elli Finance (UK) plc and Elli Investments Ltd. noteholders, with both issuers in administration, will receive a partial payment on the £350 million 8¾% senior secured notes due 2019 (ISIN: XS0794786011, XS0794785633), according to a notice.

A pro rata payment of £3,315,875.52 is being distribution from the sale of three operating site in the group’s core portfolio, sold for £3.83 million.

Elli Finance (UK), based in Wilmslow, England, operates as a special-purpose entity. It was set up to issue senior secured notes for Elli Group (UK) Ltd.


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