AR Packaging calls floaters due 2017 via €160 million loan proceeds

By Susanna Moon

Chicago, April 27 – AR Packaging Group AB said it plans to redeem all of its floating rate senior secured bonds issue 2013/2017 with interest of Euribor plus 575 basis points.

The redemption has been set for May 30 in connection with a new €160 million five-year term and multicurrency revolving facilities agreement dated April 26, according to a company announcement.

The record date for redemption is May 23.

AR Packaging is a Lund, Sweden-based packaging manufacturer.

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