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Published on 12/20/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

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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