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Published on 3/27/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Progroup to redeem 5 1/8% senior secured notes due 2022 on May 1

New York, March 27 – Progroup AG will redeem its €345 million of 5 1/8% senior secured notes due 2022 on May 1, according to a notice.

The redemption price will be 102.563% of par plus accrued interest up to but excluding the redemption date.

Progroup is Landau, Germany-based containerboard producer.


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