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Published on 11/8/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

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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