EQS-News: Travelex Issuerco 2 Plc: Buy back new money notes and stapled shares

2023-09-27 20:23:09

EQS-News: Travelex Issuerco 2 Plc / Key word(s): Miscellaneous
Travelex Issuerco 2 Plc: Buy back new money notes and stapled shares

27.09.2023 / 20:20 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Travelex Issuerco 2 Plc

Buy back new money notes and stapled ordinary shares

Travelex Issuerco 2 Plc

 

Travelex Issuerco 2 Plc (“Travelex”)

27 September 2023

 

Travelex announces process to buy back new money notes and stapled
ordinary shares

Further to each of the announcements published by Travelex on 12 September
2023 and 22 September 2023 regarding the proposed refinancing of its
existing senior facilities agreement (the “Refinancing”) and the
subsequent completion of the Refinancing by its entry into a new senior
facility agreement (the “New SFA”), Travelex is pleased to announce that
it will shortly be initiating the process to buy back the new money notes
issued by Travelex and the ordinary shares of Travelex International
Limited (“TIL”) which are stapled to such new money notes as referred to
in such announcements (the “Proposed Buybacks”).

Travelex has raised £90 million under the New SFA and, pursuant to the
terms of the New SFA, £12 million of this £90 million has been made
available to conduct the proposed Buybacks.

Travelex and TIL will shortly be contacting each of the holders of the
Sterling new money notes issued by Travelex (the “Sterling Notes”) and the
ordinary shares of TIL stapled to such Sterling Notes (the “Stapled
Ordinary Shares”) regarding the Proposed Buybacks, which are anticipated
to involve: (1) Travelex repurchasing the Sterling Notes held by each
holder of Sterling Notes pro rata to each holder’s holding of Sterling
Notes; and (2) TIL repurchasing the Stapled Ordinary Shares at par value.

Enquiries:

Travelex

For investor related queries:

[e-mail]

 

For other enquiries:

[e-mail]

 

-END-

 

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27.09.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Travelex Issuerco 2 Plc
8 Sackville Street
W1S 3DG London
United Kingdom
Phone: [phone]
E-mail: [e-mail]
Internet:

ISIN: XS2248458049, XS2248456936
WKN: A284QJ
Listed: Vienna Stock Exchange
EQS News ID: 1736195

 
End of News EQS News Service

1736195  27.09.2023 CET/CEST

References

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