{"id":71871,"date":"2022-05-09T12:08:07","date_gmt":"2022-05-09T12:08:07","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=91383"},"modified":"2022-05-09T12:08:07","modified_gmt":"2022-05-09T12:08:07","slug":"ra-holding-corp-announces-approval-of-partial-redemption-of-class-a-preferred-shares","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/ra-holding-corp-announces-approval-of-partial-redemption-of-class-a-preferred-shares\/","title":{"rendered":"RA Holding Corp. Announces Approval of Partial Redemption of Class A Preferred Shares"},"content":{"rendered":"
NEW YORK, May 9, 2022 \/PRNewswire\/ — RA Holding Corp.<\/b>(“RA Holding” or the “Company”)<\/b> announced today that it has approved a partial redemption of its Class A Preferred Shares issued pursuant to the Second Amended Joint Plan of Reorganization of Arcapita Bank B.S.C.(c) in the amount of $15 million or 3.1% of the total Class A Preferred Shares outstanding. To receive their funds, Preferred Shareholders need to respond to the email communication, dated May 9, 2022, from ArcapitaClaims@fticonsulting. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER TO PURCHASE OR A SOLICITATION OF AN OFFER TO SELL ANY SECURITIES<\/b><\/p>\n About RA Holding Corp. <\/i><\/p>\n RA Holding Corp. is the top-level holding company in the group created pursuant to the plan of reorganization of Arcapita Bank B.S.C.(c) and certain affiliates under chapter 11 of the United States Bankruptcy Code.<\/p>\n Press Contact: Eric Calvo, Infinite Global<\/p>\n