EFG International AG

01/11/2021 | Press release | Distributed by Public on 01/11/2021 02:17

EFG International (Guernsey) Limited launches cash tender offer; EFG International AG intends to issue new Additional Tier 1 notes

EFG International (Guernsey) Limited launches cash tender offer; EFG International AG intends to issue new Additional Tier 1 notes

11. Januar 2021

In line with EFG's active management of its capital base and to provide holders with the opportunity to redeploy proceeds, EFG is today announcing that its 100% subsidiary EFG International (Guernsey) Limited is extending a tender offer to the holders of the Tier 2 notes issued on 05 April 2017 and specified below, and concurrently with this offer EFG intends to issue Additional Tier 1 notes in order to use the expected net proceeds, in whole or in part, to fund the tender offer.

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