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Helios Towers Concludes Senior Notes Tender Offer
Company Announcements

Helios Towers Concludes Senior Notes Tender Offer

Helios Towers (GB:HTWS) has released an update.

Helios Towers PLC’s subsidiary HTA Group, Ltd. has successfully concluded its cash purchase offer for all outstanding 7.000% Senior Notes due 2025, with approximately 84.5% of the notes tendered by the expiration date. The purchase and accrued interest payments for these notes will be settled on June 4, 2024, following a successful new note offering expected to fund this tender offer. Subsequent to the tender offer, the remaining outstanding notes are set for redemption on June 18, 2024.

For further insights into GB:HTWS stock, check out TipRanks’ Stock Analysis page.

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