COMPANY ANNOUNCEMENT CFC44
Allotment Policy
€15,000,000 6.25% Bonds 2016-2019
The Board of Directors of Corinthia Finance p.l.c. (the “Company”) is pleased to announce the allotment policy to be applied to the applications received for its €15 million Bond Issue which closed on the first day of opening of subscription lists on 1st March 2010.
The Company received applications totalling €12,046,700, from Bondholders of the 6.5% Bonds 2010 (“Existing Bondholders”) representing a take-up of more than 84% of the Maturing Bond. These applications will be met in full.
The Company received €1,453,200 worth of new applications from Existing Bondholders and another €10,236,400 from new applicants through the intermediaries’ offer. These applications had to be scaled down to €2,953,300 thereby allocating close to 25.3% of their application value.
Interest on the Bonds will commence as from the date of this announcement. Allotment letters and refunds of un-allocated monies will be dispatched by Thursday, 10th March 2010.
The Board of Directors thanks the investing public, institutional investors, financial intermediaries and the banks for their strong support.
Alfred Fabri
Company Secretary
3rd March 2010