Jan 2020 Financial News

Sagicor Financial Corporation Limited - Expiration of Debt Tender Offer

Jan 24, 2020

Sagicor Financial Company Ltd. (TSX: SFC) announced the expiration of the offer by its subsidiary Sagicor Finance (2015) Limited to repurchase all or any part of its US$320,000,000 aggregate principal amount of 8.875% Senior Notes due 2022 at 101% of the principal amount of the repurchased Notes, plus accrued and unpaid interest, if any, as required by the terms of the Notes. The offer expired on January 22, 2020, and tenders from the holders of US$1,897,000, or approximately 0.59% of the total outstanding principal amount of the Notes, were received.

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 24th January, 2020