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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 10/9/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Rentokil Initial announces repurchase of £75 million floaters due 2033

By Ashley Montgomery

Kansas City, Kan., Oct. 9 - Rentokil Initial plc repurchased all of its £75 million floating-rate reset notes due 2033, according to a filing with the London Stock Exchange.

The company said the notes carried a coupon rate of Libor plus 398 basis points and were canceled for fair market value.

The repurchase was effective Monday.

Rentokil is a business services company based in London.


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