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Published on 12/17/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

ISS Group to redeem remaining €525 million 11% senior notes due 2014

By Ashley Montgomery

Kansas City, Kan., Dec. 17 - ISS Group called all €525 million of its 11% senior notes due 2014, according to a notice.

The notes will be redeemed at 102.75%.

The company said the redemption would be funded with proceeds from Ontario Teachers' Pension Plan's and KIRKBI Invest A/S' €500 million equity investment in ISS.

Copenhagen-based ISS Group offers cleaning, catering, security, property, support and other facility management services.


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