E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/27/2015 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Autodis to redeem €30 million of 6½% senior secured notes due 2019

New York, Nov. 27 – Autodis SA announced that it is calling €30 million of its €300 million of 6½% senior secured notes due 2019.

The issuer will repay the notes at 103% of par plus accrued interest up to but excluding the redemption date on Dec. 8, according to a notice from the company.

Completion of the redemption is subject to the closing of the acquisition of Autodis Group SAS by Dakar Acquisition SA, an entity controlled by funds managed by Bain Capital Europe LLP and receipt of sufficient funds to pay for the repayment.

Autodis is an Arcueil, France-based supplier of automobile and truck parts.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.