E.S.L.A. PLC announces to holders of the ESLA 2024 and 2027 Bonds the transfer of approximately GHS227,460,534.49 representing net interest due to Tranche E1 bondholders, from the Debt Service Reserve Account (DSRA) Bank to the Paying Bank.
Similarly an amount of approximately GHS 290,644,891.39 representing net interest due to Tranche E2 (including E2B) bondholders, has been transferred from the Debt Service Reserve Account (DSRA) Bank to the Paying Bank.
This is in accordance with the terms of the Bond Prospectus which states that disbursements for repayments will be made from the DSRA by the DSRA Bank to the trust account of the paying Bank from the 90th calendar day before any Interest Payment Date.
E.S.L.A collections received in the E.S.L.A. Receivables Account towards the service of the bond programme for 10 month period ending 31 July 2018 amounts to GHS1 ,060,714, 175. The Board and Management team continue to monitor market activities and further issuances will be announced subject to favourable market conditions.
Further details available on the E.S.L.A. PLC website at www.eslaplc.com.