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Financial News

Dec 2011 Financial News

Scotiabank Trinidad and Tobago Limited - Delisting of Bonds

Dec 21, 2011

Please be advised that the following bonds will be delisted from the Stock Exchange on Thursday 22nd December 2011:

- TT$500 Million bond issued by Scotiabank Trinidad & Tobago Limited with a coupon rate of 8.35% per annum and maturity date of February 15th 2014.

- TT$300 Million bond issued by Scotiabank Trinidad & Tobago Limited with a
coupon rate of 8.45% per annum and maturity date of August 15th 2015.

The delisting is pursuant to an Extraordinary Resolution that was passed by Bondholders on November 29th 2011 approving a Deed of Variation, which entails the cancellation of existing Bond certificates and the issuance of new Certificates in Restated bonds.


Source:
The Trinidad and Tobago Stock Exchange
Wednesday December 21, 2011