General Announcement::Notice of Redemption and Delisting of USD180,000,000 2.00% SBLC Backed Convertible Bonds due 2022

Issuer & Securities

Issuer/ Manager
SINGHA ESTATE PUBLIC COMPANY LIMITED
Securities
SINGHAEST USD180M 2% CB220720 - XS1629745487 - 78KB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
21-Jul-2020 18:42:21
Status
New
Announcement Sub Title
Notice of Redemption and Delisting of USD180,000,000 2.00% SBLC Backed Convertible Bonds due 2022
Announcement Reference
SG200721OTHR0MUB
Submitted By (Co./ Ind. Name)
Singha Estate PLC.
Designation
Mrs. Thitima Rungkwansiriroj
Effective Date and Time of the event
21/07/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)

Singha Estate Public Company Limited (the Company ) wishes to announce that the holders of the USD 180,000,000 2.00 per cent. Standby Letter of Credit Backed Convertible Bonds due 2022 (the Bonds ), issued by the Company and listed on the Singapore Exchange, have exercised their option to early redeem the Bonds, representing 100% of the aggregate principal amount of the Bonds, and the early redemption occurred on 20 July 2020 ("Redemption Date") pursuant to Condition 8.3 (Redemption at the Option of Bondholders) of the Terms and Conditions of the Bonds. The maturity date of the Bonds is 20 July 2022. The Company has made a payment to the holders in an amount equal to the principal amount plus interest accrued up to the Redemption Date ("Redemption Price"). The Redemption Price will be due and payable on the Redemption Date. Following the redemption of the Bonds, the Bonds will be cancelled and no longer be listed securities on the Singapore Exchange.

No representation is made as to the correctness or accuracy of the ISIN numbers either as printed on the Bonds or as contained in this notice.

Please be informed accordingly

Attachments

Notice of Redemption and Delisting.pdf
Total size =262K