Ireland’s Ardagh to pay €782 million in contingent call for 4¼% notes

By Susanna Moon

Chicago, March 7 – Ardagh Packaging Finance plc and Ardagh Holdings USA Inc. issued an amended conditional redemption notice for €750 million principal amount of 4¼% first-priority senior secured notes due 2022.

The redemption price was revised to €781,511,250, from €781,548,750, or par plus a redemption premium of €26.73 million and accrued interest to the redemption date of €4,781,250, according to an amended company notice.

The redemption premium was previously set for €26,767,500 in the notice dated Feb. 27.

The 4¼% notes will be redeemed on March 9, with a record date of March 8.

Citibank, NA, London Branch is the trustee, principal paying agent, transfer agent and security agent. Citibank, NA is the U.S. paying agent and Citigroup Global Markets Deutschland AG is the registrar.

The issuer is a Dublin-based supplier of glass and metal packaging.

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