Rexel to redeem remaining 2 1/8% notes due 2025 on May 25

By Wendy Van Sickle

Columbus, Ohio, May 21 – Rexel SA said that it will redeem its remaining outstanding 2 1/8% senior notes due 2025 (ISIN: XS1716833352) on May 25 at 101.063.

Rexel had issued a notice of conditional redemption for the remaining notes. On Friday the issuer said all of the conditions to the redemption have been satisfied.

The Bank of New York Mellon is the trustee and paying agent.

Based in Paris, Rexel distributes electrical, heating, lighting and plumbing equipment and also specializes in renewable energies and energy efficiency products and services.

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