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Latvia’s Air Baltic to redeem 6¾% bonds due 2024 on Oct. 20
By Mary-Katherine Stinson
Lexington, Ky., Sept. 20 – Air Baltic Corp. AS issued a conditional notice of redemption for its €200 million 6¾% bonds due July 2024 (ISIN: XS1843432821).
Subject to a successful issue of new bonds, the bonds will be fully redeemed on Oct. 20 at 101.6875 plus accrued interest.
The notice of redemption will become irrevocable once the finance condition is satisfied on or prior to the redemption date.
After the redemption, the bonds will be canceled and delisted from Euronext Dublin.
Air Baltic is a government owned airline in Latvia.
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