Solvay exercises make-whole call for €600 million bonds due 2029

By William Gullotti

Buffalo, N.Y., Sept. 8 – Solvay SA opted to exercise a make-whole redemption for all €600 million 0.5% fixed-rate bonds due Sept. 6, 2029 (ISIN: BE6315847804), according to a notice on Friday.

The redemption is planned for Oct. 9, with the make-whole redemption price to be calculated four business days earlier.

Payment will be tendered through Securities Settlement System.

Listing on the Luxembourg Exchange for the 2019-issued bonds will be canceled on the redemption date.

Solvay is a Brussels-based chemical manufacturer.

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