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 7/7/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Cirsa issues calls for 6¼% notes due 2023, floaters due 2025

By William Gullotti

Buffalo, N.Y., July 7 – Cirsa Finance International Sarl will redeem all of the €160 million outstanding 6¼% senior secured notes due 2023 (Cusips: 184955903, 184955890) and all of its outstanding €490 million floating-rate senior secured notes due 2025 (Cusips: 203324537, 203324502) on July 19, according to two notices.

The 2023 notes will be redeemed at par plus accrued interest totaling €805,555.56.

The 2025 floaters will be redeemed at par plus accrued interest totaling €2,840,815.83.

Both redemptions are conditioned on the consummation of the company’s new senior secured notes offering in an amount sufficient to pay the redemption, interest and related fees plus other specified conditions.

Deutsche Trustee Co. Ltd. is the trustee.

Deutsche Bank AG, London Branch is the principal paying agent.

Deutsche Bank Trust Co. Americas is the U.S. paying agent.

Cirsa is a Madrid-based gaming company. The company was formerly known as LHMC Finco Sarl.


© 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.