AZZ calls 2020A and 2020B notes from private placement

Chicago, May 16 – AZZ Inc. announced the upcoming redemption of its $70 million 2.77% senior notes, series 2020A, due Jan. 19, 2028 and its $80 million 3.17% senior notes, series 2020B, due Dec. 17, 2032, according to an 8-K filing with the Securities and Exchange Commission.

The notes were issued in a private placement on Oct. 9, 2020.

The redemption price will be calculated as par plus a make-whole amount and interest through June 6.

The redemption is being conducted in connection with the company’s entrance into a new credit agreement.

AZZ is a Fort Worth-based provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure.

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