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Back to Home » December 2016 News » Etrion Announces Successful Repurchase of EUR 40 Million of Its Corporate Bonds |
Etrion Announces Successful Repurchase of EUR 40 Million of Its Corporate Bonds |
December 19, 2016
MIAMI, FL--(Marketwired - December 19, 2016) - Etrion Corporation ("Etrion" or the "Company") (TSX: ETX) (OMX: ETX), a solar independent power producer, pursuant to its previous announcement on December 12, 2016 of an offer (the "Buy-Back Offer") to repurchase for cash a portion of the Company's 8% Senior Secured Bonds due 2019 (the "Bonds"), announces today that it has decided to purchase a nominal amount of approximately EUR 40 million of Bonds via the Buy-Back Offer for offers up to and including a price of 100% of par value (the "Repurchase Price") plus accrued unpaid interest. These Bonds will be cancelled.
Source URL: http://www.marketwired.com/mw/release.do?id=2184114&sourceType=3
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