LifeStar Holding plc - New Bond Issue
On 13 May 2016, GlobalCapital plc announced that following the receipt of the necessary regulatory approval, it will be issuing €10 million 5% unsecured bonds 2021 at par (100%) subject to a minimum subscription of €2,000.
The proceeds will be used by the Company to settle the outstanding 5.6% bonds due on 2 June 2016.
The bond issue is available for subscription as follows:
(i) Existing bondholders who would wish to roll-over their current holding in the existing bonds; and
(ii) Professional Clients in respect of any balance of bonds not subscribed for by the existing bondholders
Full details of the bond issue is available in the prospectus.