LIPTOVSKÝ MIKULÁŠ (February 5, 2021) – Tatry mountain resorts, a.s. („TMR“, „Company“) repaid all its liabilities from the issue of TMR II bonds in the amount of EUR 110 million. The company also issued new bonds on Tuesday.
The subordinated and unsecured bonds from the new issue of TMR V have a nominal value of EUR 1,000, are due in 2026 and have a regular annual interest yield of 6.0% p. a.
“We are pleased that, despite the difficult situation in connection with the coronavirus pandemic, we are fulfilling our obligations and are able to refinance the junior bonds through the latest issue thanks to investor confidence in the TMR brand. We build on the four previous successful emissions of the TMR Group and we are convinced that despite the uncertainty regarding the current situation, thanks to the company’s solid foundations, we will continue to be able to meet all our debt financing obligations,” commented Jozef Hodek, CFO and TMR Board Member.
The V 6.00% / 2026 issue in the total amount of up to EUR 150 million was issued in accordance with Slovak law and admitted to trading on the regulated free market of the Bratislava Stock Exchange, a.s.
This document includes only certain basic information concerning the issue of TMR V 6,0%/ 2026 (Bonds). This document is not a solicitation or offer to sale or purchase the Bonds and should not be used as a source of information for potential investors into the Bonds in the Slovak Republic or in any other jurisdiction. Investors in the Slovak and the Czech Republic should carefully read the prospectus for the Bond as amended by any supplements, including the financial statements incorporated into the prospectus by reference and including the section of the prospected titled “Risk Factors”. Prospectus and its amendments are available in the electronic form on the Issuer’s website, www.tmr.sk.