Printer Friendly

RATNERS GROUP PLC 4 PERCENT CONVERTIBLE BONDS DUE 2002

 RATNERS GROUP PLC 4 PERCENT CONVERTIBLE BONDS DUE 2002
 NEW YORK, Oct. 29 /PRNewswire/ -- Ratners Group plc (NASDAQ: RATNY)


announced today that in accordance with the provisions of the Trust Deed, the company will, on Oct. 30, 1992, be redeeming the 43,960,000 pounds sterling nominal of the bonds for which bondholders have exercised their right to require redemption.
 The redemption amount is 133 percent of nominal value and the aggregate amount payable is accordingly 58,466,800 pounds, plus interest to the date of redemption. This will leave outstanding 40,000 pounds nominal of the bonds, which will be due for redemption on Oct. 30, 2002.
 -0- 10/29/92
 /CONTACT: James McAdam, chairman of Ratners Group, in London, 011-44-71-499-1000; or Eileen M. Halsch or Jeffrey G. Gibson of Broadgate Consultants, 212-229-2222, for Ratners Group/
 (RATNY) CO: Ratners Group PLC ST: New York IN: REA SU:


GK -- NY028 -- 6479 10/29/92 10:17 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 29, 1992
Words:157
Previous Article:AIRBORNE EXPRESS ACHIEVES ISO 9000 CERTIFICATION IN CHICAGO, SEATTLE; FIRST AIR EXPRESS CARRIER TO ACHIEVE THIS DISTINCTION IN UNITED STATES
Next Article:AMERICAN PLASTICS COUNCIL ENDORSES PROGRAM TO DEVELOP RECYCLING MARKETS


Related Articles
RATNERS GROUP ANNOUNCES NEW EXECUTIVE CHAIRMAN AND HOLIDAY SALES RESULTS
RATNERS ANNOUNCES IT WILL NOT PAY DIVIDENDS ON PREFERENCE SHARES
RATNERS GROUP TO PUBLISH ACCOUNTS FOLLOWING NEGOTIATIONS WITH LENDERS
RATNERS GROUP PLC ANNOUNCES RESULTS FOR THE 52 WEEKS ENDED FEB. 1, 1992
RATNERS GROUP PLC 44,000,000 POUNDS STERLING 4 PERCENT CONVERTIBLE BONDS DUE 2002 CREATION OF SECURITY
RATNERS ANNOUNCES APPOINTMENT OF NON-EXECUTIVE DIRECTOR
GERALD RATNER RESIGNS FROM RATNERS GROUP PLC
RATNERS GROUP PLC REPORTS HOLIDAY SALES RESULTS AND TRADING OUTLOOK
RATNERS APPOINTS CHIEF EXECUTIVE FOR UK JEWELRY OPERATIONS
RATNERS GROUP PLC ANNOUNCES UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS TO JULY 31, 1993

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters