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Published on 6/22/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

PQ Group plans to redeem 6¾% notes due 2022 in full on July 22

Chicago, June 22 – PQ Group Holdings Inc. plans to redeem PQ Corp.’s $625 million principal amount of 6¾% senior secured notes due 2022 on July 22, according to a press release.

The redemption is conditioned upon the receipt of the proceeds of one or more debt financings.

The notes will be redeemed at par plus unpaid interest to the date of redemption.

PQ is a Malvern, Pa.-based producer of specialty inorganic performance chemicals and catalysts.


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