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Prospect News home > News index > List of issuers I > Headlines for Idavang A/S > News item
Published on 10/27/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Idavang to redeem all €85 million floating-rate senior bonds due 2021

By Cady Vishniac

Detroit, Oct. 27 – Idavang will voluntarily redeem early its €85 million of floating-rate senior secured bonds due 2021 (ISIN: DK0030406152), according to a press release on Tuesday.

The price of the repurchased notes is 101.95 plus accrued interest.

The record date for the redemption is Nov. 12, also the call option repayment date.

Idavang is a pork provider and serves customers in the Demark, Lithuania and Russia.


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