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Published on 4/22/2014 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Peermont Global plans to redeem all 18% PIK notes at par on May 28

By Tali Rackner

Norfolk, Va., April 22 - Peermont Global Holdings II Ltd. called all of its 18% PIK notes due April 30, 2015, according to a filing with the London Stock Exchange.

The notes will be redeemed at par plus accrued interest on May 28.

The Bank of New York Mellon is the paying agent.

Peermont Global (Pty.) Ltd. is a South African gaming and lodging firm based in Johannesburg.


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