Grupo Unicomer to redeem $350 million of 7 7/8% notes due 2024

By Mary-Katherine Stinson

Lexington, Ky., Oct. 20 – El Salvador’s Grupo Unicomer Corp. will redeem the remaining outstanding $350 million of its 7 7/8% senior notes due April 1, 2024 (Cusips: 40053VAA1, G42037AA2) on Nov. 9, according to a notice.

Noteholders will receive par plus accrued interest, including additional amounts, if any, from Oct. 1 to the redemption date.

Interest on the redeemed notes shall cease to accrue on and after the redemption date.

Bank of New York Mellon is the trustee.

The issuer is an international retailing group.

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