CCF Holding - Tender Offer 2024 (FR) - Launch
CCF HOLDING (formerly Promontoria MMB) Announces the launch of a Tender Offer on the following outstanding Notes €100,000,000 Perpetual Fixed Rate Resettable Additional Tier 1 Notes (ISIN FR0013457702) (of which €100,000,000 is currently outstanding) (the “Notes”)
03 JUNE 2024
Full announcement including disclaimers and offer restrictions available via CCF Holding
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"Rationale for the Tender Offer
The purpose of the Tender Offer as well as the planned issuance of the New Notes is, among other things, to proactively manage the Company's stock proactively manage the Company’s capital structure. The Tender Offer also provides Qualifying Holders with the opportunity to sell their current holdings in the Notes ahead of the First Call Date and to apply for priority in the allocation of the New Notes, as more fully described under the paragraph “Priority Allocation in the New Notes” of the Tender Offer Memorandum."
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