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IN BRIEF: Helios Towers to repurchase $650 million outstanding notes

ALN

Helios Towers PLC - London-headquartered telecom tower company - Launches offer to purchase all outstanding 7.0% senior notes due 2025 at a purchase price of $1,000. The offer will expire on May 30, unless extended or terminated earlier, and will be for all $650.0 million of outstanding senior notes. Helios Towers says the offer will be funded using proceeds from a new offering by its subsidiary HTA Group Ltd of fixed rate senior notes.

Current stock price: 127.39 pence per share, up 2.1% in London on Monday morning

12-month change: up 34%

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