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
-
EPA boss encourages journalists not to relent in their support to fight galamsey
37 minutes -
Domestic Gold Purchasing Programme helped Ghana’s economy during difficult period – IMF
39 minutes -
Ike City Group of Companies touches hearts at Dzorwulu Special School with compasionate donation
57 minutes -
Vehicle exhaust pipes on the left create about 40% more pollution on the road than those on the right – Study
1 hour -
My Response to Dr Bryan Acheampong: Facts must prevail
1 hour -
U.S. and Ghana Armed Forces strengthen medical readiness at SETAF-AF Best Medic Competition
2 hours -
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
2 hours -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
3 hours -
GCB Bank rewards customers at first “Pa To Pa” Promo Draw
3 hours -
EC sets March 3 for Ayawaso East by-election
3 hours -
Call for Applications: WikkiTimes launches Anas Aremeyaw Anas AI fellowship
3 hours -
GPL 2025/26: Dreams hold Hearts as Phobians record 8th draw
3 hours -
If you attempt to bribe a police officer now, he will disgrace you; he wants a promotion – IGP Yohuno
3 hours -
Kwabena Adu Koranteng: KGL: Ghana’s most transparent, accountable indigenous corporate brand
3 hours -
This Saturday on Newsfile: NPP presidential primaries, Ofori-Atta, Sedina detention and LGBTQ-tainted manual
4 hours