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Published on 7/9/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

International Power to redeem all €10.15 million 7¼% notes due 2017

By Tali Rackner

Norfolk, Va., July 9 – International Power plc called all €10,145,000 of International Power Finance (2010) plc’s 7¼% senior secured notes due 2017, according to a company press release.

The notes will be redeemed at par plus a premium and accrued interest on Aug. 6 for a total redemption price of €12,239,942.50.

Deutsche Trustee Co. Ltd. is the trustee, and Deutsche Bank AG, London Branch, is the paying agent.

International Power is a London-based power generation company.


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