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Ineos satisfies loan condition to redeem two note series due 2024
By William Gullotti
Buffalo, N.Y., Nov. 8 – Ineos Group Holdings SA reported that it satisfied the financing conditions required to redeem two series of senior notes due 2024, according to a notice on Monday.
The redemption, announced Oct. 29, is for all outstanding €650 million 5 3/8% senior notes (ISIN: XS1405769560, XS1405769990) and $500 million 5 5/8% senior notes (ISIN: US44986UAD19, USL5078PAH03).
The redemption will occur Nov. 9.
Ineos is a London-based chemicals company.
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