CMA CGM to redeem remaining €350 million 6½% notes due 2022

By Rebecca Melvin

Concord, N.H., April 9 – CMA CGM SA announced it will redeem the remaining €350 million aggregate principal amount outstanding of its 6½% notes due 2022 (ISINs: XS1647101903, XS1647100848), according to a notice.

The issue was originally €650 million in size.

The notes will be redeemed for 101.625 on April 19. The amount of accrued and unpaid interest to the redemption date will be €5,940,277.78.

The partial redemption is being conducted under the optional redemption on or after July 15, 2019 outlined in the notes indenture, and the paying agent is Elavon Financial Services DAC.

CMA CGM is a Marseille, France, container ship company.

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