Travelex Issuerco Limited: Proposal for additional New Money Notes
Travelex Issuerco Limited
Proposal for additional New Money Notes Travelex Issuerco Limited 8 February 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Travelex Issuerco Limited ("Travelex" or the "Company")
8 February 2021
Travelex announces proposal to issue additional New Money Notes
Travelex announces that it has launched a consent solicitation in connection with the issuance of an additional number of New Money Notes with net value of ?20 million (before application of cashless issuance premium and fees) (the "Additional New Money Notes"), to provide the Company with fresh liquidity as Travelex extends its business perimeter to include legacy retail platforms and to fund working capital in anticipation of a return of consumer travel.
The proposed terms of the Additional New Money Notes and the key dates of the timetable relating to the subscription for the Additional New Money Notes are summarised in the Cleansing Materials presentation prepared by Travelex TopCo Limited and attached as an Appendix to this announcement (the "Cleansing Materials Presentation").
The Cleansing Materials Presentation also includes certain additional information in relation to the Company and its wider group which would constitute inside information for the purposes of MAR, but which will be regarded as released into the public domain pursuant to the terms of this announcement.
GLAS Trustees Limited 45 Ludgate Hill, London EC4M 7JU Attention: Trustee and Escrow E-mail: email@example.com Travelex For investor related queries: Victoria.Benis-Lonsdale@travelex.com Lan.Tang@travele.com For other enquiries: Press@travelex.com -END-
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08-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Travelex Issuerco Limited 8 Sackville Street W1S 3DG London
United Kingdom Phone: +44(0)7584336458 E-mail: Victoria.email@example.com Internet: https://www.travelex-corporate.com/ ISIN: XS2248458049, XS2248456936 WKN: A284QJ Listed: Foreign Exchange(s) Vienna Stock Exchange EQS News ID: 1166660 ? End of Announcement DGAP News Service