Loxam repurchases €16.79 million 4½% notes due 2027

By William Gullotti

Buffalo, N.Y., Oct. 12 – Loxam SAS repurchased €16.79 million of its €191.8 million outstanding 4½% senior subordinated notes due 2027 (ISIN: XS1975716595) on the open market, according to a notice on Wednesday.

The buyback occurred Oct. 1, leaving an aggregate outstanding principal amount of €174.41 million remaining.

According to the notice, the subsequent mark-down and cancellation of the repurchased notes will occur Oct. 31.

Loxam is a Paris-based equipment rental company.

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