SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRep. Congo 36 Regulatory News (XZ57)

Share Price Information for Rep. Congo 36 (XZ57)

Share Price is delayed by 15 minutes
Get Live Data
0.00    0.00 (0.00%)
Bid:
0.00
Ask:
0.00
Spread: 0.00 (0.00%)
Market Cap: -
XZ57 Live PriceLast checked at - London Stock Exchange

Intraday Rep. Congo 36 Share Chart

Clean-up Call Redemption

28 May 2026 12:55

RNS Number : 1020G
Congo (The Republic of)
28 May 2026
 

 

 

The Republic of Congo Announces the Exercise of its Clean-up Call Option in Relation to Certain of its Existing Notes

28 May 2026 - The Republic of Congo ("Congo" or the "Republic") announces today that in accordance with Condition 7.2 (Clean-up Call) of the terms and conditions its outstanding 9.875 per cent. Amortising Notes due 2032 (ISIN: XS3223166409; Common Code: 322316640) (the "Existing Notes"), it will redeem all of the outstanding Existing Notes on 12 June 2026 (the "Redemption Date").

As announced on 20 May 2026, the Republic has purchased and cancelled $563,990,000 in aggregate principal amount of Existing Notes pursuant to the terms set forth in a tender offer memorandum dated 12 May 2026 (the "Tender Offer"). Given that, following the Tender Offer, $11,668,000 in aggregate principal amount of Existing Notes remains outstanding (representing less than 25 per cent. of the Existing Notes' issued aggregate principal amount), the Republic may exercise its option to redeem the outstanding Existing Notes (in whole) pursuant to Condition 7.2 (Clean-up Call) of the terms and conditions of the Existing Notes.

Accordingly, the Republic hereby gives notice that it will exercise its option to redeem all of the outstanding Existing Notes on the Redemption Date at a redemption price equal to 100 per cent. of the outstanding principal amount of the Existing Notes, together with accrued but unpaid interest to, but excluding, the Redemption Date, in accordance with the terms and conditions of the Existing Notes.

The Republic will request the Financial Conduct Authority (the "FCA") to cancel the listing of the Existing Notes on the Official List of the FCA and the London Stock Exchange (the "Exchange") to cancel the admission to trading on the main market of the Exchange as soon as practicable after the Redemption Date.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDFVLFLQELEBBX
Date   Source Headline
28th May 202612:55 pmRNSClean-up Call Redemption

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.