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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 8/3/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Otto sets redemption price for 2½% notes due 2023 at 105.619

By Marisa Wong

Los Angeles, Aug. 3 – Otto GmbH & Co. KG set the redemption price for its €250 million 2½% notes due June 16, 2023 (ISIN: XS1433512891) at €1,056.19 per €1,000 principal amount, according to a notice.

The redemption price includes accrued interest to the redemption date of €3.70 per €1,000 principal amount.

As previously announced, the notes will be redeemed in full on Aug. 9.

The mail order and e-commerce company is based in Hamburg, Germany.


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