- Tender Offer Memorandum

Following the announcement of Bay Street Finance plc on 5 October, whereby the Company offered to buy back its 8% bond at 102%, a copy of the Tender Offering Memorandum and the ‘Acceptance Form’ together with a covering letter was sent to all bondholders ahead of the offer period which opens on Friday 15 October.

Bondholders who accept to sell back their holding will receive the capital at 102% plus the accrued interest up to 24 November 2010. Payment of capital and accrued interest will be made on 24 November by cheque to the registered holder.

Bondholders who wish to take up this offer can do so by completing the ‘Acceptance Form’ and return it to our offices by not later than Monday 15 November 2010.

Download a copy of the Tender Offer Memorandum and Sample Letter to Bondholders.

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