RE: HL News26 Jun 2020 15:58
OUCH!!! That's a lot of debt.
Bond and listed debt holders
The suspension of intu's ordinary shares from listing and trading described above does not affect the listing and trading of the intu Group's listed debt securities and no application has been made for the suspension of listing or trading of such securities. The intu Group's listed debt securities are as follows:
· £350 million of Guaranteed Convertible Bonds due 2022 issued by Intu (Jersey) 2 Limited and guaranteed by intu, listed on The International Stock Exchange (ISIN XS1511910025);
· £354,876,000 5.562% First Mortgage Debenture Stock 2027 issued by Intu Debenture plc, listed on the Official List and traded on the London Stock Exchange (ISIN GB00B1DBF788);
· Multiple series of commercial mortgage-backed notes issued by The Trafford Centre Finance Limited, listed on the Official List and traded on the London Stock Exchange;
· £450 million 3.875 per cent Notes due 2028, £350 million 4.625 per cent Notes due 2033 and £350 million 4.25 per cent Notes due 2035, each issued by Intu (SGS) Finance plc, listed on the regulated market of the Irish Stock Exchange (ISINs XS0904228557, XS0904228987 and XS1131914811, respectively); and
· £485 million 4.125% Fixed Rate Bonds due 2028 issued by intu Metrocentre Finance plc, listed on the regulated market of the Irish Stock Exchange (ISIN XS0994934965).