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NATS provides redemption price for 5.25% amortizing bonds due 2026
Chicago, June 4 – NATS (En Route) plc announced the redemption price for its £600 million outstanding 5.25% guaranteed secured amortizing bonds due 2026 (ISIN: XS0174424902) in a notice on Friday.
The bonds will be redeemed at 115.1193.
The redemption date is June 8.
As previously reported, the issuer plans to redeem the existing bonds using proceeds from an issuance of £750 million new senior bonds.
NATS is an air traffic management company based in the United Kingdom.
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