• Melia bond incentive
Hotel group Melia has launched an incentive scheme to retire its 2009 convertible bonds. Redeeming the bonds will help the company reduce its net debts.

Bond holders are being offered EUR500 per bond to encourage early surrender. The EUR200m issue was originally due to be redeemed in December 2014.
Read the full story here:
http://www.meliahotelsinternational.com/en/press-room/06172014/melia-hotels-international-announces-voluntary-incentive-payment-offer-relation
 
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