Faurecia announced that it will redeem its €490 million 9.375% senior notes due 2016
Chapô
Faurecia issued a conditional notice of redemption on March 14, 2016 in order to exercise its option to redeem in full the €490 million of 9.375% Senior Notes due 2016 (the "2016 Notes").
Choix du type d'actualité
Contenu de l'article
Texte
The redemption of the 2016 Notes is conditional upon the issue by Faurecia of new senior notes in an aggregate principal amount of €500 million. See the redemption notice below for further information.
These Notes will be redeemed on or about April 12, 2016, at a redemption price of 100% of the principal amount of these Notes, plus the Applicable Premium (as defined in the redemption notice below), and accrued interest up to April 12, 2016.