Audio By Carbonatix
ESLA has announced that approximately 90% of non-sovereign bondholders have successfully tendered their bonds.
This follows an announcement on September 16, 2024, to buy back all the outstanding bonds under ESLA PLC Tranche E2, E3, E4 and E5 held by non-sovereign bondholders.
ESLA PLC subsequently announced on September 30, 2024, the extension of the buyback offer period, with a new offer close date of October 14, 2024.
A circular from the Ghana Stock Exchange stated that ESLA PLC encourages the remaining non-sovereign bondholders to tender their bonds promptly.
It will exercise all options available to settle all remaining non-sovereign bondholders immediately after the buyback offer closes.
The bonds will be repurchased at par using proceeds held in the lockbox account.
Settlement is however scheduled for October 30, 2024.
Latest Stories
-
Trump says progress made in Ukraine talks but ‘thorny issues’ remain
17 minutes -
Fear and confusion in Nigerian village hit in US strike, as locals say no history of ISIS in area
25 minutes -
Health Minister calls for collective action to fast-track Western North’s development
37 minutes -
Mahama Ayariga leads NDC delegation to Bawku ahead of Samanpiid Festival
5 hours -
Edem warns youth against drug abuse at 9th Eledzi Health Walk
9 hours -
Suspension of new DVLA Plate: Abuakwa South MP warns of insurance and public safety risks
9 hours -
Ghana’s Evans Kyere-Mensah nominated to World Agriculture Forum Council
10 hours -
Creative Canvas 2025: King Promise — The systems player
10 hours -
Wherever we go, our polling station executives are yearning for Bawumia – NPP coordinators
10 hours -
Agricultural cooperatives emerging as climate champions in rural Ghana
10 hours -
Fire Service rescues two in truck accident at Asukawkaw
11 hours -
Ashland Foundation donates food items to Krachi Local Prison
11 hours -
Akatsi North DCE warns PWD beneficiaries against selling livelihood support items
11 hours -
Salaga South MP calls for unity and peace at Kulaw 2025 Youth Homecoming
12 hours -
GPL 2025/2026: Gold Stars triumph over Dreams in five-goal thriller
13 hours