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Published on 6/25/2015 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

England’s AA Bond to redeem all £655 million of 9% notes due 2043

By Wendy Van Sickle

Columbus, Ohio, June 25 – AA Bond Co. Ltd. called all £655 million of its outstanding class B 9% secured notes due 2043, according to a redemption notice.

The notes will be redeemed on July 31 at par plus accrued interest. The record date for the redemption is July 16.

The issuer, headquartered in Basingstoke, is the United Kingdom's largest provider of roadside assistance service.


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