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Escher Marwick PLC (IRSH)

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Friday 12 January, 2018

Escher Marwick PLC

Escher Marwick 2017-F2 Coupon Announcement

RNS Number : 7992B
Escher Marwick PLC
12 January 2018
 

Press Release

 

 

Escher Marwick coupon payment announcement

 

Escher Marwick PLC is pleased to announce that as part of the usual twice yearly income payment commitment, the following bond has released funds for the coupon that was due on 31 December 2017:

 

Escher Marwick 2017-F1               ISIN - GB00BF0L7628       5 year             7%

 

These bonds are listed on The Frankfurt Stock Exchange. Bedford Row Capital Advisers continues to advise a growing number of clients - helping create cost effective, transparent and bespoke debt programmes.

 

As per the Investment Memorandum, the coupon was paid on a shortened basis at an amount of €1,937 per €100,000. Future payments will be made semi-annually at the normal amount of €3,500 per €100,000 up until the final coupon, which will also be a short coupon. Any further investments must be made at least 10 days prior to the coupon payment date of 30th June 2018 in order to receive the coupon.

 

 

Notes to editors

 

Bedford Row Capital Advisers (BRCA) acted as arranger and lead manager for Escher Marwick PLC.

 

About Bedford Row Capital Advisers Ltd

Bedford Row Capital Advisers is a corporate finance and advisory business, with a focus on financing businesses and projects via the origination and placement of high quality, listed, freely transferable debt securities.

 

For more information please contact:

[email protected]

+44 (0) 208 875 9033

www.bedfordrowcapital.com

 

About Escher Marwick PLC

Escher Marwick plc is a specialist funding company that raises capital from public and private sources for the purpose of investing in UK companies. The team has a current pipeline of over GBP300m worth of funding transactions across property, renewable energy and export finance and provides a secured source of funding for UK SMEs.

Escher Marwick PLC offers unique investment opportunities to institutional investors.

For more information please contact: 

[email protected]

+44 (0)203 030 4970

www.eschermarwick.com

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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