Rémy Cointreau (Paris:RCO) - Early Redemption Option
Rémy Cointreau (Paris:RCO) would like to inform bondholders about the timetable and procedures regarding the exercise of the early redemption option for the OCEANE due on September 7, 2026. The OCEANE has a total nominal amount of EUR275.0 million (ISIN: FR0013200995) and carries an interest rate of 0.125%. It can be converted into new shares and/or exchanged for existing Rémy Cointreau shares.
To request early redemption of all or part of their Bonds, bondholders must submit a request to the institution with which their Bonds are registered between July 26, 2023, and August 31, 2023 (inclusive).
The early redemption price, known as the "Premium Redemption Price," is EUR110.70, plus accrued interest of EUR0.138375 ("redemption amount"). The redemption will occur exclusively in cash on September 7, 2023 ("Put Redemption Date").
Once a bondholder's early redemption request is validly presented to the relevant financial intermediary, it becomes irrevocable. Rémy Cointreau is obligated to redeem all the OCEANE 2026 included in each request received by the Fiscal Agent.
About Rémy Cointreau
Rémy Cointreau: Delivering Unforgettable Experiences
All around the world, discerning clients seek exceptional experiences and diverse flavors. At Rémy Cointreau, our expertise is a perfect match for their exacting standards. With skills finely-honed and passed down through generations, we craft products that pay homage to those who have dedicated their efforts to their development.
Rémy Cointreau, a family-owned French Group, is committed to preserving our terroirs and cultivating exceptional spirits that transcend time. With a portfolio boasting 14 distinctive brands including Rémy Martin, Louis XIII cognacs, and Cointreau liqueur, our ambition is to become the world leader in exceptional spirits.
Supported by our dedicated team of 2,021 employees and strategic distribution subsidiaries, Rémy Cointreau aims to captivate the global market with its commitment and creativity.
Join us on this extraordinary journey towards eternal modernity and unrivaled spirits. Rémy Cointreau is proud to be listed on Euronext Paris.
Visit www.remy-cointreau.com for more information.
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Investor Relations: Célia d'Everlange
Rémy Cointreau
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