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Loxam provides details on conditional full redemption for 3¼% notes
Chicago, Dec. 5 – Loxam SAS published a notice of conditional full redemption for its 3¼% senior secured notes due 2025 (ISIN: XS2031870921).
The company will be redeeming all €598,449,000 of the notes at par.
The company is planning to use Dec. 20 as the redemption date. Assuming the redemption occurs on that schedule, the company will pay €603,581,531.35, inclusive of interest, to redeem the notes.
The redemption is conditioned on the satisfaction of a financing condition.
Deutsche Bank AG, London Branch will be the paying agent.
The company is a Paris-based rental equipment company operating in Europe.
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