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Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item
Published on 3/23/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

IHO Verwaltungs plans May bond redemption from new offering

Chicago, March 23 – IHO Verwaltungs GmbH will use the proceeds from a new sustainability-linked senior bond offering to redeem existing notes on May 15, according to a notice.

The par redemption will cover the 3 5/8% cash/4 3/8% PIK senior secured PIK toggle notes due 2025 (ISINs: XS2004438532, XS2004438458).

Accrued interest will also be paid.

IHO is a Herzogenaurach, Germany-based automotive parts supplier.


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