Share Tweet Pocket Add to Bookmarks
You're reading: Myronivsky Hliboproduct to refinance 2015 notes worth $350 million
Popular
on social media

The report says that the company is ready to buy notes with the face value of $1,000 at $1,095 until March 20, 2013 and at $1,045 until April 4, 2013, while the new note pricing date will be announted on or around March 21, 2013.

The group said that the obligation of the company to purchase notes is subject to certain conditions, including the condition that the company is satisfied that it has received or will receive an amount by way of proceeds from the issue of the new notes. The consideration for each $1,000.00 principal amount of notes for which a consent (but not a tender) is received and not revoked on or prior to the consent expiration date is $5.00 (the consent payment).

“The purpose of the tender offer is to proactively manage and lengthen the company’s debt maturity profile by refinancing a portion of the notes with longer dated debt,” reads the report.

Exclusive article

Sign up or subscribe to view more articles. Try Kyiv Post for just 99¢ for the first month!
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: