January 07, 2021
Pulse Investments Limited (PULS) has advised that the Company has repaid its two hundred and fifty million dollar bond ($250,000,000.00) in full. Payment to bondholders was made on December 14, 2020. The bond proceeds were disbursed to PULS on December 14, 2019 and had a 5-year tenure. The bond was repaid early. Funds were used to complete extensive refurbishing at the Pulse operated Villa Ronai facility, retire more expensive debt and do preliminary work (related to approvals) on the proposed Pulse Homes at Villa Ronai.
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