BodySmart Finance Limited: Coupon Payment Announcement
DGAP-News: BodySmart Finance Limited
/ Key word(s): Bond
BodySmart Finance Limited
(incorporated with limited liability in the Bailiwick of Jersey with registered number 131386)
44 Esplanade, St Helier, Jersey, JE4 9WG
BodySmart Finance Limited - Coupon Payment Announcement
3rd June 2021
BodySmart Finance Limited Series 2020-B1 12.00% Fixed Rate Bonds Due 2025
The Issuer is pleased to announce that it has paid, in full and on time, the coupon due to bondholders on 3rd June 2021, under its secured Medium Term Note Bond Programme.
This is the Issuer's second coupon payment. The next coupon payment is due on 3rd December 2021.
BodySmart Investment Group's (the "Borrower") trading activities are focused on the medical, aesthetic and wellness industry - a sector on the rise in the Middle East. The Borrower already owns a successful portfolio of cosmetic clinics and wellbeing studios and since the issuance of the Bonds, the Borrower has continued to grow and develop the business. Recent highlights include:
The Borrower is regulated by the Dubai Health Authority and the Dubai Department of Economic Development. During the 2020/21 Covid impacted period, the Borrower's clinics and health clubs have passed all regular inspections and continue to experience good demand for their offerings.
The bonds are admitted to trading on the Frankfurt Open Market.
For the Distributor: Glenn Scott-Ellis
For the Arranger: Hesham Dahman
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact firstname.lastname@example.org or visit www.rns.com.
03.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||BodySmart Finance Limited|
|JE4 9WG St Helier|
|Phone:||+44 1534 504000|
|Fax:||+44 1534 50444|
|Listed:||Regulated Unofficial Market in Frankfurt|
|EQS News ID:||1204116|
|Notierung vorgesehen. / Intended to be listed.|
|End of News||DGAP News Service|