EIG Investors to fully redeem 10 7/8% notes due 2024

By Taylor Fox

New York, Dec. 31 – EIG Investors Corp., a wholly owned subsidiary of Endurance International Group Holdings, Inc., plans to fully redeem its 10 7/8% senior notes due 2024 on Feb. 1, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at a price equal to the sum of 102.719 plus interest.

EIG’s obligation to pay the redemption price on the redemption date is conditioned upon the consummation of the closing of the merger of Endure Digital, Inc. with and into the company, with the company surviving the merger on terms satisfactory to EIG and/or its affiliates.

Wilmington Trust, NA is the trustee.

EIG is a Burlington, Mass.-based provider of web hosting and online services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.