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Published on 10/28/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Arrow Global Finance to redeem €760 million, £320 million notes

By Wendy Van Sickle

Columbus, Ohio, Oct. 28 – Arrow Global Finance plc will redeem the entire principal amount of three series of notes on Nov. 8, according to a notice.

The notes include

• £320 million of 5 1/8% senior secured notes due 2024 (ISINs: XS1486544098 and XS1486544254);

• €400 million of senior secured floating rate notes due 2025 (ISINs: XS1533914831 and XS1533918824); and

• €360 million of senior secured floating rate notes due 2026 (ISINs: XS1713473434 and XS1713473350).

The redemptions are subject to some conditions.

The company is a Manchester, England-based purchaser of consumer debt and provider of receivables management solutions.


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