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Published on 2/5/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Orexo to redeem SEK 500 million senior callable floaters

By Taylor Fox

New York, Feb. 5 – Orexo AB plans to redeem SEK 500 million senior unsecured callable floating-rate bonds 2017/2021 (ISIN: SE0010494450) in full, according to a news release.

The bonds will be redeemed March 3, and the redemption record date will be Feb. 24.

The notes will be redeemed at 101.5, or SEK 913,500 per bond, plus interest.

Orexo is a specialty pharmaceutical company based in Uppsala, Sweden.


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