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Published on 6/2/2015 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Viasystems to redeem 7 7/8% notes on June 28 at 105.906% of par

By Angela McDaniels

Tacoma, Wash., June 2 – Viasystems Group, Inc. subsidiary Viasystems, Inc. will redeem its $600 million 7 7/8% senior secured notes due 2019 on June 28, according to an 8-K filing with the Securities and Exchange Commission

The redemption price is 105.906% of par plus accrued interest.

St. Louis-based Viasystems makes circuit boards and electro-mechanical solutions. It was acquired by TTM Technologies, Inc., a Costa Mesa, Calif.-based printed circuit board manufacturer, on May 31.


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