Wepa Hygieneprodukte GmbH
Wepa Hygieneprodukte GmbH intends to redeem its 3.750% senior secured notes due 2024
Wepa Hygieneprodukte GmbH / Key word(s): Miscellaneous Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 Wepa Hygieneprodukte GmbH intends to redeem its 3.750% senior secured notes due 2024 Wepa Hygieneprodukte GmbH intends to redeem in full the EUR 450 million outstanding principal amount of its 3.750% senior secured notes due 2024 (Regulation S ISIN: DE000A2AA0W5; Rule 144A ISIN: DE000A2AA0X3). In accordance with the conditions of issue, the 3.750% senior secured notes due 2024 would be redeemed at a redemption price of 101.875%, plus accrued and unpaid interest thereon up to, but excluding, the redemption date. In part to fund the proposed early redemption, Wepa Hygieneprodukte GmbH intends to shortly launch an offering of an aggregate of EUR 550 million senior secured fixed rate notes due 2027 and/or senior secured floating rate notes due 2026. The proposed early redemption is subject to the successful completion of this new offering. This announcement is not a redemption notice in accordance with the conditions of issue.
25-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Wepa Hygieneprodukte GmbH |
Rönkhauser Str. 26 | |
59821 Arnsberg | |
Germany | |
Phone: | +49 (0)2932 / 307-0 |
E-mail: | info@wepa.de |
Internet: | www.wepa.de |
ISIN: | DE000A2AA0W5, DE000A2AA0X3 |
WKN: | A2AA0W, A2AA0X |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 920497 |
End of Announcement | DGAP News Service |