Financial Announcements
Completion of £20m funding raise
26 Feb 2021
Following the announcement made by Travelex Issuerco Limited on 8 February 2021, Travelex is pleased to announce that it has successfully concluded the raising of £20 million of additional funding following the issuance of an additional number of new money notes (in a face value amount of £22.6 million) by the Company (the “Additional New Money Notes”) and the connected issuance of ordinary shares in Travelex Topco Limited, which are stapled to the Additional New Money Notes.
New Money Notes – additional information
10 Feb 2021
Following the launch of the consent solicitation in connection with the issuance of an additional number of New Money Notes on 8 February, Travelex would like to provide further points of detail on the process, timeline and eligibility for subscribing to the £20 million initial issuance of additional New Money Notes 2021 (the “Initial Tap Notes”) and subsequent additional new money notes up to a net aggregate principal amount of £40 million.
Announcement of proposal to issue additional New Money Notes
8 Feb 2021
Travelex announces that it has launched a consent solicitation in connection with the issuance of an additional number of New Money Notes with net value of £20 million to provide the company with fresh liquidity as Travelex extends its business perimeter to include legacy retail platforms and to fund working capital in anticipation of a return of consumer travel.
Cleansing materials – New Travelex Group
8 Feb 2021
Following the announcement of the proposal to issue additional New Money Notes, please find more information in this cleansing document.
Admission of Travelex’s debt securities to listing and trading on the Vienna MTF
28 Jan 2021
Vienna Stock Exchange has approved for admittance of the following debt securities to listing and trading on the Vienna MTF as of 28 January 2021.