RNS Number : 0664P
Helios Towers PLC
20 May 2024
 

This announcement contains inside information for the purpose of Article 7 of the Market Abuse Regulation (EU) 596/2014

NOT FOR DISTRIBUTION IN OR INTO ANY JURISDICTION OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION IN WHICH SUCH DISTRIBUTION IS UNLAWFUL

 

HELIOS TOWERS ANNOUNCES CONDITIONAL NOTICE OF REDEMPTION FOR ALL OF ITS OUTSTANDING 7.000% SENIOR NOTES DUE 2025

May 20, 2024 - HTA Group, Ltd (the "Issuer"), an indirect wholly owned subsidiary of Helios Towers plc (the "Company"), announces it has issued a conditional notice of redemption for all of its outstanding 7.000% Senior Notes due 2025 (the "Notes"). As set forth in the conditional notice of redemption issued today in respect of the Notes, the redemption date is June 18, 2024 (the "Redemption Date") unless the Redemption Date is delayed or revoked by the Issuer, and the redemption price for the Notes is 100.000% of the principal amount thereof, plus the amount of accrued and unpaid interest to, but excluding, the Redemption Date.

On the date hereof, the Issuer also announced (i) its offer to purchase for cash any and all of the Notes (the "Tender Offer") and (ii) an offering of new U.S. dollar-denominated senior notes subject to market conditions (the "New Notes Offering"). Any notes issued pursuant to the New Notes Offering and the guarantees in respect thereof have not been and will not be registered under the United States Securities Act of 1933. Neither the Tender Offer nor this announcement is an offer to sell or a solicitation of an offer to buy any notes issued pursuant to the New Notes Offering. No action has been or will be taken in any jurisdiction in relation to any notes issued pursuant to the New Notes Offering to permit a public offering of securities. This notice does not constitute an offer to sell, or a solicitation of an offer to buy, any security. No offer, solicitation, or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful.

The redemption is subject to and conditioned upon the successful completion (in the sole determination of the Issuer) of the New Notes Offering.

Forward-Looking Information

Certain statements included herein may constitute forward-looking statements within the meaning of the securities laws of certain jurisdictions. Certain such forward-looking statements can be identified by the use of forward-looking terminology such as "believes", "expects", "may", "are expected to", "intends", "will", "will continue", "should", "would be", "seeks", "anticipates" or similar expressions or the negative thereof or other variations thereof or comparable terminology. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this announcement and include statements regarding the intentions, beliefs or current expectations of the Issuer concerning, among other things, the results in relation to operations, financial condition, liquidity, prospects, growth and strategies of the Issuer and the industry in which it operates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future.

These forward-looking statements speak only as of the date of this announcement. The Issuer does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.  

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