Home Credit B.V. (“HCBV”), the Netherlands based holding company for those consumer finance companies operating under the Home Credit trademark, and one of the market leaders in CEE and CIS countries, today announces the placement of its largest bond issue for a total amount of CZK 4,000 million.
The issue of the bonds ISIN CZ0000000237 in the principal amount of CZK 4,000 million and a 3 year tenor priced to carry a semi-annually coupon based on PRIBOR plus 8% margin. Final maturity of the bonds is 22 June 2012.
PPF banka a.s. acted as the Sole Lead Manager and Bookrunner on the transaction.
The issue was placed to institutional investors from Czech Republic, Slovak Republic, the Netherlands and Cyprus. The bonds started trading on the free market of the Prague Stock Exchange as of 22 June 2009.
The proceeds from the bond issue will be used by HCBV to fund further development and growth of its subsidiaries and for refinancing purposes.
The Prospectus in connection with the issue approved by the Czech National Bank is available on the Issuer’s web page www.homecredit.net and on the Lead Manager’s web page www.ppfbanka.cz.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART TO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR TO A RESIDENT, NATIONAL OR CITIZEN OF THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
Milan Tománek
Head of PPF Group Communications
E-mail: tomanek@ppf.cz
Tel: +420 224 174 066
Pavlína Štrofová
Investor Relations Specialist
E-mail: strofova@ppf.cz
Tel: +420 224 174 265
