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Published on 10/17/2014 in the Prospect News Liability Management Daily.

Priory Group No. 3 to redeem £244.7 million of 7% notes due 2018

By Tali Rackner

Norfolk, Va., Oct. 17 – Priory Group No. 3 plc called £244.7 million of its 7% senior secured notes due 2018, according to a notice.

The bonds will be redeemed at 105.25 plus accrued interest on Nov. 17. The total amount payable will be £261,924,161.11.

Deutsche Bank AG, London Branch is the paying agent.

Priory Group is based in Leatherhead, England.


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