International Hotel Investments plc - New Bond Issue

Monday, October 21st, 2013

On 21 October, International Hotel Investments plc received all the regulatory approvals to issue a new €10 million bond with a coupon of 5.8% and redeemable in 2023. The bonds will be issued at par. The Prospectus containing full details of the new Bonds will be available from 22 October.

IHI will be granting preference to holders of the existing 6.5% bonds which are due for redemption on 27 March 2014 when subscribing to the new bonds by surrendering the maturing bonds. As such, trading in the maturing bonds will be suspended as from 22 October. Application forms will be mailed to holders of the existing bonds on 23 October.

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