Prospectus Dated 22 November 2019
Prospectus dated 22 November 2019 Ceetrus €300,000,000 2.750 per cent. Notes due 26 November 2026 ________________________ Issue Price: 99.730 per cent. ________________________ The €300,000,000 2.750 per cent. notes due 26 November 2026 (the "Notes") of Ceetrus (the "Issuer") will be issued on 26 November 2019 (the "Issue Date"). Interest on the Notes will accrue from, and including, the Issue Date at the rate of 2.750 per cent. per annum, payable annually in arrear on 26 November in each year, and for the first time on 26 November 2020 for the period from (and including) the Issue Date to (but excluding) 26 November 2020, as further described in "Terms and Conditions of the Notes – Interest". Unless previously redeemed or purchased and cancelled, in accordance with the terms and conditions of the Notes, the Notes will be redeemed at their principal amount on 26 November 2026 (the "Maturity Date"). The Notes may, and in certain circumstances shall, be redeemed before the Maturity Date, in whole only, but not in part, at their principal amount, together with any accrued interest thereon, in the event that certain French taxes are imposed (see "Terms and Conditions of the Notes – Redemption and purchase – Redemption for taxation reasons"). Noteholders (as defined in "Terms and Conditions of the Notes") will be entitled, in the event of a Rating Downgrade which occurs or has occurred as a result of a Change of Control (as defined in "Terms and Conditions of the Notes") of the Issuer, to request the Issuer to redeem all or part of their Notes at their principal amount, together with any accrued interest thereon (see "Terms and Conditions of the Notes – Redemption and purchase – Redemption following a Change of Control").
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