E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/19/2021 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

First Eagle plans redemption of 6¾% $25-par notes due 2022 on June 21

Chicago, May 19 – First Eagle Alternative Capital BDC, Inc. announced that it will redeem all of its outstanding 6¾% $25-par notes due 2022 (Cusip: 26943B308) on June 21 at par plus interest, according to a press release.

If the notes are redeemed as expected on June 21, interest will be $0.38 per note.

The 2022 notes currently trade on the New York Stock Exchange under the symbol “FCRZ.”

Notes should be surrendered to U.S. Bank, Corporate Trust Services (111 Fillmore Ave. E, St. Paul, MN 55107).

First Eagle, formerly known as THL Credit, is a Boston-based business development company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.