E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/27/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Consolidated Energy to conditionally redeem 6 7/8% notes due 2025

Chicago, Sept. 27 – Consolidated Energy Finance SA will conditionally redeem its $500 million outstanding 6 7/8% senior notes due 2025 (ISINs: USL1957QAD27, US20914UAD81), according to a notice.

The redemption date is set for Oct. 8, with the record date one business day before the redemption.

The notes will be redeemed at 103.438 plus interest of $21.57986 per $1,000 note.

The redemption is conditional upon the completion of an offering of senior notes on terms satisfactory to the company and the receipt of sufficient funds to pay for the redemption by the paying agent by 10 a.m. ET on the redemption date.

Noteholders should surrender their notes for payment to DB Services Americas, Inc. (800 735-7777).

Consolidated Energy Finance is based in Luxembourg. It is a subsidiary of Consolidated Energy Ltd., which acquires and develops companies that focus on alternative waste management and energy production.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.