Polygon issues contingent call for €180 million floaters due 2019

By Susanna Moon

Chicago, Feb. 2 – Polygon AB (publ) issued a conditional redemption notice for its €180 million of outstanding senior secured floating-rate notes due 2019.

The notes will be redeemed on March 7 at a price of 100.75% of par plus accrued interest.

The redemption is contingent on the issuer securing financing to fund the purchase, according to a company notice.

The record date is Feb. 28.

Nordic Trustee & Agency AB (publ) is the agent.

The notes were issued in 2014.

Stockholm-based Polygon provides property damage control and climate services.

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