MedservRegis plc - Bond Issue Oversubscribed

On 7 December 2022, MedservRegis plc announced that the recent offer of €13 million 5.00% secured bond 2029 has been oversubscribed with applications exceeding €14 million. As a result, the Intermediaries Offer did not take place. The company noted that it will be announcing the basis of acceptance and the allocation policy on or around 12 December 2022.

In a separate announcement, MedservRegis plc announced that as a result of the successful subscription to the new 5.00% secured bond 2029, the company will proceed with the early redemption of the €13 million 6.00% secured and guaranteed notes 2020/2023 at their nominal value (par) on 7 January 2023.