TIDM57UT

RNS Number : 3674C

Grand Union Group Funding PLC

16 October 2020

Grand Union Group Funding plc (the Issuer)

GBP150,000,000 4.625 per cent. Secured Bonds due 2043 (the Bonds)

Dated 1 6 October 2020

On 15 October 2020 t he Issuer executed a Forward Purchase Agreement in which it has agreed to issue further bonds ( the New Bonds ) to be consolidated and form a single series with the Bonds and to sell GBP21,000,000 in principal amount of the New Bonds on 15 December 2020 (the Sale) with a further GBP35,000,000 of New Bonds being retained for future sale.

On 4 December 2013 the Issuer issued GBP150,000,000 in principal amount of the Bonds of which GBP35,000,000 in principal amount were immediately repurchased but subsequently cancelled. Following the issue of the New Bonds and the Sale, the aggregate outstanding principal amount of the Bonds in issue will be GBP171,000,000, of which GBP35,000,000 will be Retained Bonds held by or on behalf of the Issuer.

Contact for more information: Chris Bellamy (0333 015 2065)

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

AGRFQLFFBBLZFBD

(END) Dow Jones Newswires

October 16, 2020 07:58 ET (11:58 GMT)

Grand Union 43 (LSE:57UT)
Historical Stock Chart
From Dec 2024 to Dec 2024 Click Here for more Grand Union 43 Charts.
Grand Union 43 (LSE:57UT)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Grand Union 43 Charts.