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Cardtronics plans to redeem all 8¼% senior subordinated notes due 2018
By Tali Rackner
Norfolk, Va., July 30 – Cardtronics, Inc. called all of its 8¼% senior subordinated notes due 2018, according to a press release.
The notes will be redeemed at 104.125 plus accrued interest on Sept. 2. Because Sept. 1 is a federal holiday, the actual redemption will occur on the next business day, Sept. 2.
The company will fund the redemption with part of the proceeds from its private offering of $250 million of 5 1/8% senior notes due 2022, which closed on July 28.
Cardtronics is a Houston-based global ATM owner and operator.
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