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Prospect News home > News index > List of issuers E > Headlines for Europcar Groupe SA > News item
Published on 7/21/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Europcar to redeem all €350 million 9¾% senior secured notes due 2017

By Tali Rackner

Norfolk, Va., July 21 – EC Finance plc plans to redeem all €350 million of its 9¾% senior secured notes due 2017, according to a notice.

The notes will be redeemed at 104.875 plus accrued interest on Aug. 18. The total redemption price is €368,673,958.33.

The Bank of New York Mellon is the trustee, transfer agent, principal paying agent and notes security agent.

EC Finance is a special-purpose financing company for Europcar Groupe, SA, a Saint Quentin en Yvelines, France-based car rental company.


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