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Loxam confirms redemption of 3¼% senior secured notes due 2025
Chicago, Dec. 20 – Loxam SAS confirmed that the company early redeemed all €598,449,000 of its outstanding 3¼% senior secured notes due 2025 (ISIN: XS2031870921) on Wednesday, according to a notice.
The company paid €603,581,531.35, inclusive of interest, to redeem the notes.
The redemption was conditioned on the satisfaction of a financing condition.
Deutsche Bank AG, London Branch was the paying agent.
The company is a Paris-based rental equipment company operating in Europe.
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