20 Nov 2006 18:15
Kiln PLC20 November 2006 Kiln plc Admission of Subordinated Notes Kiln plc announces that it has raised additional finance by means of an issue ofa further US$30,000,000 Floating Rate Subordinated Notes due 2036 (the 'Notes),which were issued on 20 November 2006. The Notes have been admitted to theOfficial List of the Channel Islands Stock Exchange and dealings in the Notescommenced on 20 November 2006. The Notes have been assigned a rating of 'bbb'by A.M. Best Company. The Notes bear an interest rate of 3 Month USD LIBOR plus 3.1% payable quarterlyin arrears, and qualify as Lower Tier Two regulatory capital. 20 November 2006 Enquiries: Kiln plc: 020 7886 9000Keith Grant College Hill 020 7457 2020Tony FriendRoddy Watt This information is provided by RNS The company news service from the London Stock Exchange