Profil:
Best SABest debt collector will redeem all R1 series bonds ahead of schedule
Listed debt collector Best will redeem all R1 series bonds issued by listed debt collector Kredyt Inkaso prior to the merger with that company ahead of schedule, Best said in a market filing.
Best will redeem 20,000 series R1 bearer bonds with a nominal value of PLN 1,000 (EUR 235.9) each and a total nominal value of PLN 20 million (EUR 4.7 mln) issued by Kredyt Inkaso, whose legal successor is Best.
The early redemption of R1 bonds at Best's request will take place on November 7, 2025.
"In connection with the early redemption, Best will pay bondholders, in addition to the principal and interest due, a premium calculated on the nominal value of the R1 bonds subject to early redemption, as specified in the final terms and conditions of the R1 bond issue," the filing said.
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