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Published on 3/17/2015 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Faurecia to redeem all €250 million of 8¾% senior notes due 2019

New York, March 17 – Faurecia SA said it will redeem its €250 million of 8¾% senior notes due 2019 on April 17.

The company will pay par plus a make-whole premium for the notes along with accrued interest up to the redemption date.

Funding for the call will come from the €500 million of 3 1/8% senior notes due 2022 that Faurecia priced on March 10.

Faurecia is a Nanterre, France-based automotive equipment supplier.


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