Amigo Holdings Confirms Early Redemption of GBP184.1 Million of Senior Secured Notes
04 Janeiro 2022 - 05:08AM
Dow Jones News
By Kyle Morris
Amigo Holdings PLC on Tuesday confirmed the early redemption of
184.1 million pounds ($248.2 million) of its 7.625% senior secured
notes due in 2024.
The U.K. provider of guarantor loans said the early redemption
will take place on Jan. 15. The early redemption will be at par and
expected future interest savings of GBP28.1 million will make up
part of the increased cash contribution for the proposed program of
arrangement, as announced on Dec. 6, 2021, the company said.
The remaining GBP50 million in senior secured notes are due in
January 2024, the company said.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
January 04, 2022 02:53 ET (07:53 GMT)
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