Tennant issues notice of redemption for 5 5/8% senior notes due 2025

Chicago, April 7 – Tennant Co. issued a conditional notice of redemption for its $300 million principal amount of 5 5/8% senior notes due 2025 (Cusip: 880345AB29) on May 3, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at 102.813 plus interest to the redemption date.

The redemption is conditioned upon the receipt of funds from the company’s term loan and revolver sufficient to pay the redemption price.

Payment of the redemption price will be made through the Depository Trust Co.

Tennant is a Minneapolis-based designer, manufacturer and marketer of cleaning solutions.

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