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Published on 8/2/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Swissport Financing to redeem all 6¾%, 9¾% notes on Aug. 14

By Sarah Lizee

Olympia, Wash., Aug. 2 – Swissport Financing Sarl called its €363,522,000 6¾% senior secured notes due 2021 and its €264,644,000 9¾% senior notes due 2022 for redemption on Aug. 14, according to a notice.

The 6¾% notes will be redeemed at 103.375 plus accrued interest to but excluding the redemption date. Based on the redemption date, the redemption price will be €379,812,329.63, of which €4,021,462.13 is accrued interest.

The 9¾% notes will be redeemed at 107.313 plus accrued interest to but excluding the redemption date. Based on the redemption date, the redemption price will be €288,226,206.30, of which €4,228,790.58 is accrued interest.

Swissport is a Zurich-based ground handling and cargo service provider.


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