By Natasha Roberts
Date: Tuesday 10 Jun 2014
LONDON (ShareCast) - Helical Bar is offering £85m of senior, unsecured convertible bonds which are due in 2019, the majority of the proceeds to be used to repay its revolving credit facilities.
The rest of the proceeds will be left available for it to use to provide funding for its development pipeline and, upon identifying suitable opportunities, to add to the group's investment portfolio.
The bonds carry a coupon of between 4% and 4.50% per annum payable semi-annually in arrear.
Shares in the group had declined 18.79% to 3.35p by midday.
NR
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Currency | UK Pounds |
Share Price | 244.50p |
Change Today | 6.50p |
% Change | 2.73 % |
52 Week High | 286.50 |
52 Week Low | 185.00 |
Volume | 54,700 |
Shares Issued | 123.36m |
Market Cap | £301.60m |
RiskGrade | 178 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 3 |
Buy | 0 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 3 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 30-Nov-23 | 22-Jun-23 |
Paid | 12-Jan-24 | 28-Jul-23 |
Amount | 3.05p | 8.70p |
Time | Volume / Share Price |
13:54 | 1,073 @ 244.50p |
13:54 | 3,748 @ 242.50p |
13:54 | 582 @ 243.00p |
13:51 | 666 @ 240.00p |
13:51 | 334 @ 240.00p |
CEO | Gerald A Kaye |
Finance Director | Tim Murphy |
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