Blackstone Loan Financing Limited Redemption Update
08 Noviembre 2024 - 1:00AM
RNS Regulatory News
RNS Number : 4215L
Blackstone Loan Financing Limited
08 November 2024
08 November 2024
Blackstone Loan Financing Limited
(the
"Company")
Redemption Update
Further to the approval given by the
Company's shareholders to enable compulsory redemptions of the
Company's redeemable ordinary shares ("Shares"), as described in the circular
dated 25 August 2023 (the "Circular") and following the First
Redemption made by the Company on 10 June 2024, the Company today
announces that it will return approximately €61,000,000 by way of a
compulsory partial redemption (the "Second Redemption") on or around 19
December 2024 (the "Redemption
Date").
The proportion of shares subject to
the Second Redemption will be calculated by reference to the NAV
per Share as at 31 October 2024 which the Board plans to announce
on 21 November 2024 alongside the detailed timetable for the Second
Redemption.
As at today's date, the Company has
417,959,768 Shares in issue, of which none are held in
treasury.
Shareholders should note that the
Board retains absolute discretion as to the execution, extent and
timing of redemptions.
Capitalised terms used but not
defined in this announcement will have the same meaning as set out
in the Circular.
The information contained within this
announcement constitutes inside information.
The person responsible for arranging
for the release of this announcement on behalf of the Company is
Jeremy Hamon of BNP Paribas S.A., Jersey Branch, Company
Secretary.
Enquiries:
|
Blackstone
|
via BNP Paribas
|
|
BNP Paribas
|
01534 709189 / 709108
|
|
Singer Capital Markets
James Maxwell / Alaina Wong
(Corporate Finance)
Alan Geeves / Sam Greatrex
(Sales)
|
020 7496 3000
|
|
Winterflood Investment Trusts
Neil Langford (Corporate
Finance)
Darren Willis (Sales)
|
020 3100 0000
|
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END
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Blackstone Loan Financing (LSE:BGLF)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Blackstone Loan Financing (LSE:BGLF)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024
