EFG International (Guernsey) Limited launches cash tender offer; EFG International AG intends to issue new Additional Tier 1 notes
11. Januar 2021
In line with EFG's active management of its capital base and to provide holders with the opportunity to redeploy proceeds, EFG is today announcing that its 100% subsidiary EFG International (Guernsey) Limited is extending a tender offer to the holders of the Tier 2 notes issued on 05 April 2017 and specified below, and concurrently with this offer EFG intends to issue Additional Tier 1 notes in order to use the expected net proceeds, in whole or in part, to fund the tender offer.
EFG International AG published this content on 11 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2021 08:19:03 UTC