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Published on 9/22/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

International Car calls €240 million 6 5/8% notes due 2019 at 101.656

By Susanna Moon

Chicago, Sept. 22 – International Car Wash Group Financing plc, formerly Boing Group Financing plc, issued a redemption notice for its €240 million of 6 5/8% senior secured notes due 2019.

The notes will be redeemed on Oct. 3 at a redemption price of 101.656% of par, or €1,016.56 per €1,000 principal amount, and accrued interest to but excluding the redemption date, according to a company notice.

The record date is Oct. 2.

Boing Midco Ltd. and Boing Acquisitions Ltd. are the guarantors. U.S. Bank Trustees Ltd. is the trustee and security agent; Elavon Financial Services DAC, formerly Elavon Financial Services Ltd., U.K. Branch is the paying agent and transfer agent; and Elavon Financial Services DAC, formerly Elavon Financial Services Ltd. is the registrar.

International Car Wash is a United Kingdom-based car wash operator.


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