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Prospect News home > News index > List of issuers A > Headlines for Ardagh Group SA > News item
Published on 5/28/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Ardagh to redeem some 4¼% notes due 2022 with new note proceeds

By Sarah Lizee

Olympia, Wash., May 28 – Ardagh Group SA plans to use proceeds from new notes to redeem a portion of its $695,345,000 4¼% senior secured notes due 2022, including accrued interest and the redemption premium.

The company announced Thursday that it plans to offer $400 million 4 1/8% senior secured notes due 2026, representing an add-on to Ardagh’s $500 million 4 1/8% senior secured notes due 2026 issued on Aug. 12, 2019.

Ardagh is a metal and glass packaging company based in Luxembourg.


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