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Published on 1/16/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

NoHo Partners to redeem €25 million hybrid bond on Feb. 17 at 102

By Marisa Wong

Los Angeles, Jan. 16 – NoHo Partners plc said it will redeem its €25 million hybrid bond (ISIN: FI4000375258) issued on March 29, 2019.

The bond will be redeemed on Feb. 17 at 102 plus accrued interest.

The redemption was triggered by a disposal event, according to a press release. NoHo’s subsidiary, Smile Henkilostopalvelut Oyj, merged under VMP plc. The combined company, of which NoHo has a 30.27% stake, operates under the name Eezy plc.

NoHo is a Tampere, Finland-based restaurant group.


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