News | Wednesday, 08 July 2009

IHI announces allotment policy for €35,000,000 6.25% Bonds 2015-2019

Following a strong demand for the 6.25 per cent €35,000,000 Bond issue, International Hotel Investments p.l.c. (IHI) announces the following allotment policy adopted to process applications for its Bonds: Preferred applicants - All applications received from investors who already hold investments in one or more of the Corinthia Group’s listed companies, will be met in full; Other applicants – All applications for less than €1 million will be met in full and applications for Bonds having a nominal value in excess of €1 million will be met as follows:
The first € 1 million - in full; The remaining balance - 76.38 per cent. Interest on the Bonds will commence as from 6 July 2009. Allotment letters and refunds of unallocated monies will be paid by Tuesday, 14 July 2009.
The Bonds opened for public subscription on 30 June 2009 and closed on the same day of opening.
IHI thanks all public and institutional investors, authorised financial intermediaries and the banks for their strong support.

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