Alpha Services and Holdings SA, a 100% parent company of Alpha Group Jersey, announces that Alpha Group Jersey has decided today to repay the remaining amount of the B Series of Preferential Securities.
In particular, Alpha Group Jersey today decided to repay in full the remaining nominal amount of € 600 million Series B CMS-Linked Nocumulative Guaranteed Non-voting Preferred Securities (ISD: DE000) (ISIN: DE000) the “Hybrid Securities”) which are under the guarantee of a reduced guarantee of Alpha Services and Holdings, on the Date of Payment of the Privileged Dividend on February 18, 2022 (in accordance with the terms of the Hybrid Securities set forth in the Alpha J the Law) at the Repayment Price.
Pursuant to the repayment, as required by its articles of association, Alpha Group Jersey has requested and received, with the prior consent of Alpha Services and Holdings SA, the Single Supervisory Mechanism and, to the extent required, the Bank of Greece.
Words and expressions used in this Communication, not otherwise specified, shall have the meaning assigned to them in the “Description of the Preferred Securities” according to the February 16 newsletter (offering circular). 2005.
.
Source From: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
