Afflelou to redeem €10 million of its floating-rate notes due 2023

By Rebecca Melvin

New York, June 7 – Afflelou intends to redeem €10 million of its floating-rate notes due 2023 on June 17, according to a regulatory notice.

The notes issued by 3AB Optique Developpement will be redeemed at a price equal to 101% of the principal amount of the notes, plus accrued and unpaid interest from April 1.

After the partial redemption, there will be €165 million remaining outstanding of the issue.

Afflelou is a Paris-based optical and eyewear products and services provider.

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