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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 6/28/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

NH Hotel raises sufficient funds to redeem 3¾% notes due 2023

By Marisa Wong

Los Angeles, June 28 – NH Hotel Group, SA confirmed that it redeemed its €356.85 million outstanding 3¾% senior secured notes due 2023 (ISIN: XS1497532652, XS1497527736).

The redemption had been subject to a financing condition, which has now been satisfied.

The notes were redeemed in full on June 28 at 100.938 plus accrued interest from April 1 to the redemption date.

NH Hotel is a Madrid-based hotel operator.


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