International Hotel Investments plc - Bond Issue Oversubscribed

On 30 June International Hotel Investments plc announced that the General Public Offering of its 6.25% 2015 – 2019 bonds closed due to over-subscription.

During the pre-placement held on 26 June, a total of €20 million were subscribed leaving a balance of a maximum of €15 million during the General Offer.

IHI is expected to announce its allocation policy in the coming days.