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Picard Bondco to redeem €115 million 9% of senior notes due 2018
By Tali Rackner
Norfolk, Va., Sept. 29 – Picard Bondco SA called €115 million of its 9% senior notes due 2018, according to a notice.
The notes will be redeemed at 104.5 plus accrued interest up to the redemption date of Oct. 28.
Following the transaction, €185 million of notes will remain outstanding.
Citibank, NA London Branch is the paying agent.
Picard Bondco is based in Luxembourg.
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