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Published on 8/5/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

WMG Acquisition conditionally calls 3 5/8% secured notes due 2026

By Marisa Wong

Los Angeles, Aug. 5 – WMG Acquisition Corp. issued a notice of conditional full redemption notice for its €445 million 3 5/8% senior secured notes due 2026 (ISIN: XS1891203546, XS1891203629).

The notes will be redeemed on Aug. 16 at par plus an applicable premium equal to €10,146,179.77 plus accrued interest to the redemption date of €12.18402778 per €1,000 principal amount.

The redemption is conditioned on new debt financing.

Wells Fargo Bank, NA is the trustee. Societe Generale Luxembourg is the paying agent.

WMG is a New York-based entertainment company.


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