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  • CIEL Limited - NOTES ISSUES JANUARY 2018

    15 Feb 2019

    The Board of Directors (the “Board”) of CIEL Limited (“CIEL”) wishes to inform its shareholders and the public in general, that, subject to the approval of all relevant authorities and its shareholders (as may be applicable), it has resolved, on 15 February 2019, to proceed with a partial refinancing of its existing debts (the “Refinanced Debts”).

    The Refinanced Debts of up to MUR 1 billion were issued in 2015, as part of the Company’s medium-term note programme and are due to mature by June 2020. Depending on market conditions and subject to the requisite approvals being received, the Board intends to conduct the refinancing through the issuance of notes under the Company’s note programme dated 14 May 2015 and subsequently amended on 30 June 2017.

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