Ineos Finance intends to redeem all 7½% senior secured notes due 2020

By Tali Rackner

Norfolk, Va., April 2 – Ineos Finance plc announced the conditional redemption of the entire amount outstanding under its 7½% senior secured notes due May 1, 2020, according to a notice.

The notes will be redeemed at 105.625 plus accrued interest on May 6, subject to the satisfaction or waiver of a refinancing condition. If it is not satisfied by May 5, the redemption date will be no later than June 1.

The Bank of New York Mellon is the paying agent.

Ineos is a London-based manufacturer of petrochemicals, specialty chemicals and oil products.

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