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Jardine Matheson reports first quarter sales boost for PT Astra | Finance News

Jardine Matheson reports first quarter sales boost for PT Astra | Finance News
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TRADING UPDATES: Bank of Cyprus tenders 83% of notes; Attraqt pleased


TRADING UPDATES: Bank of Cyprus tenders 83% of notes; Attraqt pleased
Wed, 21st Apr 2021 18:28
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Bank of Cyprus Holdings PLC - Strovolos, Cyprus-headquartered financial services firm - Receives valid tenders of EUR207 million, or 83%, of the existing notes, from Fixed Rate Reset Tier 2 Capital Notes due January 2027 tender offer. The successful uptake of the offer, in conjunction with the issue of EUR300 million unsecured and subordinated Tier 2 capital notes demonstrate the group s proactive management of its capital base by refinancing the existing notes at a significantly lower coupon rate and managing the associated carry cost of the existing notes. The issuance of the new notes further enhances the group s capital base and is expected to increase the group s total capital ratio by about 100 basis points to 19.7% pro ....

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