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Icleand VLNCO’s Iceland Bondco calls part of 4 5/8% notes due 2025
By Marisa Wong
Los Angeles, March 15 – Iceland VLNCO Ltd. subsidiary Iceland Bondco plc issued a notice of partial redemption for its 4 5/8% senior secured notes due 2025 (ISIN: XS1681810781, XS1681806326).
The issuer will redeem £20 million of the outstanding notes on March 25 at par plus accrued interest.
After the redemption, £30 million of the notes will remain outstanding.
Citibank, NA, London Branch is the trustee, principal paying agent, registrar and transfer agent. HSBC Corporate Trustee Co. (UK) Ltd. is security agent.
Iceland VLNCO is a food retailer that maintains Deeside, U.K., headquarters.
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