Gasan Finance Company plc - New Bond Issue

On 21 October, Gasan Finance Company plc announced that it received approval from the Listing Authority of the Malta Financial Services Authority (MFSA) to issue a new €25 million bond carrying a coupon of 4.9% and maturing between 2019 and 2021. The new bonds will be issued at par.

The Prospectus containing full details of this new bond issue will be available as from 25 October while applications will be available on 31 October.

In a separate announcement, the Company noted that the holders of the existing 6% bonds, which will be redeemed early on 31 May 2014, will be given the opportunity to exchange their current holdings for an equivalent amount in the new bonds. Trading in these bonds will be suspended as from 22 October. Application forms will be sent to existing bondholders on 25 October.