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Published on 3/31/2017 in the Prospect News Green Finance Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

LM Group calls 8%, floating-rate senior secured notes

New York, March 31 – LM Group Holding A/S said it will redeem all €130 million of its 8% senior secured notes due 2019 and all NOK 475 million of its floating-rate senior secured notes due 2020.

The redemption is conditional on the acquisition of LM Group by GE Global Holdings Denmark ApS, according to a news release.

LM Group will announce the redemption date in a further notice that will be issued at least five business days in advance.

LM Group is an independent supplier of rotor blades for wind turbines and is based in Kolding, Denmark.


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