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Ben Oldman Clean Energy to redeem 10% senior notes due 2024
Chicago, Sept. 2 – Ben Oldman Clean Energy Bond announced the upcoming early redemption of its 10% senior secured notes due 2024 (ISIN: XS2044468812), according to a notice.
The issuer will fully redeem the €25,125,000 outstanding at par, plus interest.
The record date will be Sept. 6.
The redemption date is set for Sept. 7.
After the notes are redeemed, they will be canceled.
The issuer said it has accumulated cash related to the repayments of the underlying loans in its portfolio and wants to return that accumulated cash to noteholders through the full redemption.
The issuer is based in Luxembourg.
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