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Published on 7/31/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Spain’s Tendam looks at redeeming floating-rate notes due 2028

Chicago, July 31 – Tendam Brands SAU is discussing a redemption of its €300 million of floating-rate senior secured notes due 2028, according to a press release.

The company borrowed €187.5 million under a new term loan facility, which may be used to repay or redeem the notes.

Tendam is a Madrid-based fashion retailer.


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