"Bulgarian Energy Holding EAD (the "Company") announced today an invitation to holders of its EUR500,000,000 4.250 per cent. Bonds due 2018 (ISIN: XS0989152573) (the "Bonds") to tender such Bonds for purchase by the Company for cash (the "Offer"). The Offer is being made on the terms and subject to the conditions contained in the tender offer memorandum dated 14 June 2018 (the "Tender Offer Memorandum") prepared by the Company and subject to the offer restrictions set out in the Tender Offer Memorandum.
Description of the Bonds / ISIN / Outstanding Principal Amount / Purchase Price / Amount subject to the Offer
EUR500,000,000 4.250% Bonds due 2018 / XS0989152573 / EUR500,000,000 / 100 per cent. / Any and all
The Company will also pay accrued interest from (and including) the last interest payment date to (but excluding) the Settlement Date in respect of Bonds accepted by it for purchase pursuant to the Offer.
The Company announced on 14 June 2018 its intention to issue new euro-denominated bonds (the "New Bonds"). Whether the Company will accept for purchase any Bonds validly tendered in the Offer and complete the Offer is subject, without limitation, to the successful completion (in the sole determination of the Company) of the issue of the New Bonds (the "New Financing Condition")."
This announcement has been issued through the Companies Announcement Service of Euronext Dublin
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