Skip to main content
EN

INOVYN announces satisfaction of the conditions for the redemptions of its outstanding 6.250% Senior Secured Notes due 2021

Group-news.jpg

INOVYN Finance plc (“INOVYN”) today announces that it has raised funds sufficient to pay the redemption price of, and accrued interest and any additional amounts payable on (i) €30,000,000 aggregate principal amount of its outstanding 6.250% Senior Secured Notes due 2021 (the “Specified Notes”), which Specified Notes have been conditionally called to be redeemed on May 11, 2017 and (ii) €30,000,000 aggregate principal amount of its outstanding 6.250% Senior Secured Notes due 2021 (the “Specified Additional Notes”), which Specified Additional Notes have been conditionally called to be redeemed on May 15, 2017. As such, (i) the Refinancing Condition (stated in the notice of conditional redemption issued on April 26, 2017) has been satisfied, and the redemption of the Specified Notes will occur on May 11, 2017 and (ii) the Refinancing Condition and the Base Redemption Condition (each as stated in the second notice of conditional redemption issued on April 27, 2017 in respect of the Specified Additional Notes) has been satisfied and/or waived, and the redemption of the Specified Additional Notes will occur on May 15, 2017.

ENDS

6.250% Senior Secured Notes due 2021
ISIN Numbers: XS1405782829 (Rule 144A) and XS1405784288 (Regulation S)