We are offering to exchange your debentures for new ones. You just need to notify us as to what you want to do.
You can exchange of 2018 series debentures for 2021 or 2025 series debentures of JLG Group PLC.
At a time of unprecedented low interest rates offered by the traditional banks, we are proud to continue to provide our debenture holders market leading returns secured against a company encountering exceptional growth.
As explained in the offer document it is very important to the development of the Group that this exchange takes place and we very much hope that you will continue the journey with us.
The 2015 debenture exchange offer document sent to all debenture holders by post explains why we are offering to exchange your debentures for new ones with a higher rate of interest and how to notify us as to what you want to do.
The new 3-year (2018) debenture has a fixed interest of 8.25% and the 5 year debenture (2020) has a fixed interest of 8.75%.