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Media > News 2008 > July 2008 > Early cash redemption of the remaining NRS II

10/07/08 - Early cash redemption of the remaining NRS II

 

Eurotunnel Group UK PLC carried out today the early cash redemption of all remaining NRS II in issue representing a nominal of €307,238,700.00 and £167,527,707.60 for an amount equivalent to €729 million1.
 
All NRS II issued in 2007 have thus been redeemed early in cash representing a saving in cash of approximately €68 million in financial charges for a full year.




1 140% of nominal value, based on the exchange rate of the transaction: £1/€1.273.


 

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Information published on 10 July 2008