Voyage Care issues call for 6½% notes at 101.625, 11% notes at 102.75

By Susanna Moon

Chicago, April 13 – Voyage Care BondCo plc said it has issued conditional redemption notices for its £222 million of 6½% senior secured notes due 2018 and its £50 million of 11% second-lien notes due 2019.

The redemption date will be May 13, and the record date is May 12.

The redemption is contingent on the company obtaining enough funds to redeem the notes, according to a company notice.

The 6½% notes will be redeemed at 101.625% plus £4,088,500 of accrued interest to the redemption date, according to a separate call notice.

The 11% notes will be redeemed at 102.75% plus £1,558,333.33 of accrued interest to the redemption date, according to a third call notice.

Deutsche Trustee Co. Ltd. is the trustee. Deutsche Bank AG, London Branch is the principal paying agent and transfer agent. Deutsche Bank Luxembourg SA is the registrar and Luxembourg transfer agent, and Lloyds TSB Bank plc is the security agent.

Voyage Care is a Cannock, England-based services provider for individuals with disabilities.

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