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Published on 12/9/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Hexagon Composites to redeem NOK 1.1 billion senior notes at 102.06

By William Gullotti

Buffalo, N.Y., Dec. 9 – Hexagon Composites ASA has exercised its call option for its NOK 1.1 billion senior bonds due March 15, 2023 (ISIN: NO0010846280), according to a notice on Thursday.

The bonds will be redeemed at 102.06 plus accrued and unpaid interest.

Settlement is expected on Dec. 23.

Hexagon is an Aalesund, Norway-based maker of lightweight composite cylinders for the storage and transportation of compressed gas.


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