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Allows Ladbrokes to diversify sources of debt finance
Ladbrokes plc's wholly-owned subsidiary Ladbrokes Group Finance plc has announced the launch of a retail bond which will enable Ladbrokes to diversify its sources of debt finance and extend the maturity profile of its debt.
The 5.125 percent Sterling Bonds are available to wholesale and retail investors, are guaranteed by Ladbrokes, offer a fixed rate of interest of 5.125 percent per annum payable twice yearly and mature on September 16, 2022.
The Bonds are expected to be listed on the UK Listing Authority's Official List and admitted to trading on the London Stock Exchange's regulated market and through the electronic Order Book for Retail Bonds (ORB).
A minimum initial subscription amount of GBP 2 000 is required and are available in multiples of GBP 100 thereafter. Investors are permitted to sell the bonds at any time during the period to maturity on the open market through their stockbroker.
Barclays Bank PLC, Canaccord Genuity Limited and Lloyds Bank plc will act as Joint Lead Managers on this issue.
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Day 1B MPN Poker Tour Manchester -
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Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Huge Caribbean Hold’Em hit at Bovada Casino -
A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.
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