Issue of Additional Convertible Bonds
(Thomson Reuters ONE) - EUROCASTLE INVESTMENT LIMITEDFOR IMMEDIATE RELEASEContact:International Administration (Guernsey) LimitedCompany AdministratorAttn: Mark WoodallTel: +44 1481 723450NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. Issue of Additional Convertible BondsGuernsey. 19 October 2009 - Eurocastle Investment Limited (FrankfurtStock Exchange: EUI1 and Euronext Amsterdam: ECT) ("Eurocastle") ispleased to announce that it has issued ?9,750,000 principal amount of20 per cent. Perpetual Subordinated Convertible Securities. Thesesecurities form a part of the same series, and are issued on similarterms, to the issue of ?15,000,000 20 per cent. PerpetualSubordinated Convertible Securities completed earlier this month anddescribed in a press release issued on 6 October 2009. Theconvertible securities are convertible into ordinary shares ofEurocastle.The proceeds of the issue will be used to satisfy a portion of theCompany's debt obligations.This issue brings the total principal amount of 20 per cent.Perpetual Subordinated Convertible Securities issued by Eurocastle,following the first issue in June 2009 of ?75,000,000 of securities,to approximately ?100,000,000.Enquiries:Mark Woodall Tel: +44 1481 723450This announcement does not constitute or form part of any offer orinvitation to purchase, otherwise acquire, subscribe for, sell,otherwise dispose of or issue, or any solicitation of any offer tosell, otherwise dispose of, issue, purchase, otherwise acquire orsubscribe for, any security in the United States.The securities mentioned herein have not been, and will not be,registered in the United States under the US Securities Act of 1933(the "Securities Act"). Securities may not be offered or sold in theUnited States absent registration or an applicable exemption from theregistration requirements of the Securities Act. There will be nopublic offer of the securities mentioned herein in the United States.Neither the content of Eurocastle's website (or any other website)nor the content of any website accessible from hyperlinks onEurocastle's website (or any other website) is incorporated in thisannouncement.Forward-Looking StatementsSome of the statements contained in this announcement may includeforward-looking statements which reflect Eurocastle's or, asappropriate, the Directors' current views with respect to futureevents and financial performance. Statements which include the words"expect", "intend", "plan","project", "anticipate", "will" and similar statements of a future orforward-looking nature identify forward-looking statements for thepurposes of the US federal securities laws or otherwise.All forward-looking statements address matters that involve risks anduncertainties. Accordingly, there are or will be important factorsthat could cause Eurocastle's actual results to differ materiallyfrom those indicated in these statements. These forward-lookingstatements speak only as at the date of this announcement. Subject toany continuing obligations under the Listing Rules and the Disclosureand Transparency Rules, Eurocastle undertakes no obligation publiclyto update or review any forward-looking statement contained in thisannouncement, whether as a result of new information, futuredevelopments or otherwise.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 19.10.2009 - 08:04 Uhr
Sprache: Deutsch
News-ID 7037
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