Styrolution plans to redeem all 7 5/8% senior secured notes due 2016

By Tali Rackner

Norfolk, Va., July 7 – Styrolution Group GmbH gave notice for the conditional redemption of all of its outstanding 7 5/8% senior secured notes due 2016, according to a press release.

The notes will be redeemed at 102.859 plus accrued interest up to the redemption date, which will be no later than Sept. 2.

Citibank, NA, London Branch, is the paying agent.

Styrolution is a Frankfurt-based styrenics company formed in January 2011 as a joint venture between BASF and Ineos AG.

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