Solteq Plc issues new notes in a nominal amount of EUR 23 million and redeems its outstanding notes due 2021
Solteq Plc, Inside information, 24 September 2020 at 5:15 pm EESTSolteq Plc (“Solteq” or the “Company”) issues new euro-denominated senior unsecured fixed rates notes in a nominal amount of EUR 23 million (the “New Notes”). The New Notes, which will mature on 1 October 2024, are targeted mainly to institutional investors and are callable before their final maturity. The New Notes have an issue price of 100 per cent of their nominal amount and bear a fixed interest rate of 6.00 per cent per annum. The proceeds from the issue will be used for the refinancing of the Company’s existing notes