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Escher Marwick PLC (IRSH)

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Wednesday 15 May, 2019

Escher Marwick PLC

Escher Marwick Coupon Announcement

RNS Number : 0999Z
Escher Marwick PLC
15 May 2019
 

Official Announcement

 

Escher Marwick PLC company announcement

 

Escher Marwick PLC 2016-06            ISIN - GB00BD0FRG07         10 year            5.5% (the "Notes")

 

Escher Marwick PLC announces that the twice-yearly interest due on the Notes on 13 May 2019 has been made in the amount of 0.3374%. The interest has not been made in full due to a shortfall in sums received by the Issuer in respect of the Notes. The Issuer will provide an update on the steps being taken in respect of such non-payment by 13 August 2019.

 

The Notes are listed on the Frankfurt Stock Exchange.

 

Capitalised terms used but not defined herein have the meaning given to them in the terms and conditions of the Notes as set out in the Pricing Supplement dated 17 October 2016 relating to the Notes.

 

Notes to editors

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

 

About Bedford Row Capital Advisers Ltd

Bedford Row Capital Advisers is a specialist lead manager for asset-backed securities.

 

[email protected]

+44 (0) 115 905 2865

www.bedfordrowcapital.com

 

About Escher Marwick PLC

 

[email protected]
+44 (0)207 030 4970
www.eschermarwick.com

 


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