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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 8/22/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

BWAY Parent calls all $335 million 9½%/10¼% PIK toggle notes due 2017

By Tali Rackner

Norfolk, Va., Aug. 22 – BWAY Parent Co. Inc. said it will redeem $335 million of its 9½%/10¼% senior PIK toggle notes due 2017 in full, according to a notice.

The company will redeem $334.85 million of bonds due Nov. 1, 2017 and $150,000 of bonds due May 1, 2017.

The notes will be redeemed at 104.75 on Aug. 30.

The Bank of New York Mellon Trust Co., NA is the trustee agent.

BWAY is an Atlanta-based supplier of general line rigid containers.


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