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Published on 10/24/2023 in the Prospect News High Yield Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

France’s La Poste utilizes redemption option for subordinated notes

Chicago, Oct. 24 – La Poste is calling for redemption its $500 million of 5/3% deeply subordinated notes due 2043 (ISIN: FR0013221140) issued on Dec. 1, 2016, according to a press release.

All of the notes are being redeemed at par, with accrued interest. The redemption price is $205,300 per $200,000 note.

The issuer is a postal service company based in Paris.


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