Avanza’s AG Spring calls all €21.24 million 9˝% senior notes due 2019

New York, Aug. 4 – AG Spring Finance II Ltd. announced that it will redeem all €21.24 million of its 9˝% senior notes due 2019.

The securities will be repaid at par plus the redemption premium of 12.28% of par plus accrued interest up to but excluding the redemption date of Aug. 7, according to a notice from the issuer.

Earlier this year AG Spring conducted a tender offer for the notes that resulted in the purchase of €153.76 million of the €175 million previously outstanding.

AG Spring is a subsidiary of Avanza Spain SAU, a Madrid-based provider of bus transportation services in Spain and of mass transit bus transportation services in Spain and Portugal.

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