TravelCenters redeem notes early after acquisition by BP

By Mary-Katherine Stinson

Lexington, Ky., May 16 – TravelCenters of America LLC will fully redeem three series of notes following the May 15 acquisition of the company by BP Products North America Inc., according to a company press release.

All outstanding of TravelCenters’ 8.25% senior notes due 2028 (Cusip: 894174200), 8% senior notes due 2029 (Cusip: 894174309) and 8% senior notes due 2030 (Cusip: 894174408) will be redeemed on June 15 at par plus accrued interest.

U.S. Bank NA is the trustee.

TravelCenters will voluntarily delist the notes from the Nasdaq effective June 5.

TravelCenters is a Westlake, Ohio-based truck stop operator.

© 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.