Superior Plus to fully redeem 7% notes at 107.442 on March 11

By Taylor Fox

New York, March 1 – Superior Plus Corp. plans to redeem in full its $350 million 7% notes due July 15, 2026 at 107.442 plus interest on March 11, according to a news release.

The redemption is conditioned upon, and will use proceeds from, the completion of a private placement offering of $500 million senior notes due 2029.

Superior Plus is a Toronto-based marketer and distributor propane and distillates and a manufacturer of specialty chemicals.

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