Bay Street Finance plc announced buy-back of €0.3m 8% 2012 bonds

Bay Street Finance plc has announced that it had bought back 1,140,333 8% 2012 bonds with a nominal value of €304,651.

1 October 2010, 12:00am
by Charlot Zahra

A company announcement on the Malta Stock Exchange (MSE) this evening by the board of directors of the leisure company had been purchased two years prior to their redemption date on 26 June 2012.

All these bonds had now been cancelled by the company.

This was confirmed by an MSE notice issued earlier today by Eileen V Muscat.

As a result of the cancellation of these bonds, the outstanding nominal balance for the Bay Street Finance 8% 2012 bonds had now been reduced to €6,462,733.

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