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
-
Motorists and pedestrians decry worsening encroachment on roads and pavements in Avenor
4 hours -
Forklift operator in trouble over $100,000 worth of stolen raw materialsÂ
5 hours -
McTominay travels separately in Boston as precaution
5 hours -
Real Madrid bring back Mourinho on three-year deal
5 hours -
Mexico beat South Africa in dramatic World Cup opener as three players sent off
5 hours -
Gov’t releases GH¢537m to cover tuition fees of 159,750 students under No Fees Stress Policy
5 hours -
Twice in a year, Chairman Wontumi’s lead lawyer has walked away
6 hours -
CSOs mount strong defence of OSP ahead of Supreme Court verdict
7 hours -
Telecel launches Ashanti Codes to equip youth with digital and AI skills
7 hours -
Cash for awards controversy: Minority demands parliamentary inquiry
7 hours -
Abronye DC granted permission to travel to UK for master’s programme
7 hours -
Government has stabilised economy, jobs will follow — Ricketts-Hagan
7 hours -
World Cup ticket allocations for Ghanaian diaspora not yet received -UN Mission
7 hours -
PURC, ECG and GRIDCo align plans to ensure stable power supply during 2026 FIFA World Cup
8 hours -
Ghana launches National Shea Commodity Platform to commercialise shea production
8 hours