Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item |
TreeHouse Foods to redeem outstanding 7¾% notes on April 10 at 103.875
By Marisa Wong
Madison, Wis., March 14 - TreeHouse Foods, Inc. gave notice that it will redeem on April 10 all of its 7¾% senior notes due 2018 that remain outstanding on the redemption date.
The notes will be redeemed at 103.875 plus accrued interest to the redemption date. The amount of interest accrued from March 1 to the redemption date will be about $8.40 per $1,000 principal amount.
Wells Fargo Bank, NA is the trustee.
As previously reported by Prospect News, investors had tendered $298 million, or 74.55%, of the $400 million outstanding 7¾% notes by 5 p.m. ET on March 10, the consent date of a tender offer that began on Feb. 25. The tender offer expires at 11:59 p.m. ET on March 24.
As of March 11, $101,787,000 of the notes remained outstanding.
The issuer is an Oak Brook, Ill.-based food manufacturer.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.