EQS-News: Buy back new money notes & stapled ordinary shares

EQS-News: Travelex Issuerco 2 Plc / Key word(s): Miscellaneous
Buy back new money notes & stapled ordinary shares

30.10.2023 / 14:45 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Travelex Issuerco 2 Plc

Buy back new money notes and stapled ordinary shares

Travelex Issuerco 2 Plc

 

Travelex Issuerco 2 Plc („Travelex“)

30 October 2023

 

Travelex announces completion of process to buy back new money notes and
stapled ordinary shares

Further to the announcement published by Travelex on 27 September 2023
regarding the initiation of the process to buy back the Sterling new money
notes issued by Travelex (the „Sterling Notes“) and the ordinary shares of
Travelex International Limited („TIL“) which are stapled to such Sterling
Notes (the „Stapled Shares“) (together, the „Buybacks“), Travelex is
pleased to announce the completion of the Buybacks.

The Buybacks involved approximately £12 million of the £90 million which
Travelex raised pursuant to the refinancing of its previous senior
facilities agreement being utilised to have: (1) Travelex repurchase the
Sterling Notes from each holder of Sterling Notes participating in the
Buybacks pro rata to each participating holder’s holding of Sterling
Notes; and (2) TIL repurchase the Stapled Shares at par value.

 

Enquiries:

Travelex

For investor related queries:

Victoria.Benis-Lonsdale@travelex.com

 

For other enquiries:

Press@travelex.com

 

-END-

 

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visit [2] www.rns.com.

 

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30.10.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Travelex Issuerco 2 Plc
8 Sackville Street
W1S 3DG London
United Kingdom
Phone: +44(0)7584336458
E-mail: Victoria.benis-lonsdale@travelex.com
Internet: https://www.travelex-corporate.com/
ISIN: XS2248458049, XS2248456936
WKN: A284QJ
Listed: Vienna Stock Exchange
EQS News ID: 1760651

 
End of News EQS News Service

1760651  30.10.2023 CET/CEST

References

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1. rns@lseg.com
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