Herbert Park redeems floating-rate notes due 2026 in full on April 20

By Tali Rackner

Minneapolis, April 20 – Herbert Park BV redeemed its rated notes due 2026 following the satisfaction of certain conditions, according to a filing with the London Stock Exchange.

The following were redeemed in full at par plus accrued interest on April 20:

• Up to €235 million of class A-1 senior secured floating-rate notes in the form of CM voting notes;

• Up to €235 million of class A-1 senior secured floating-rate notes in the form of CM non-voting notes;

• Up to €235 million of class A-1 senior secured floating-rate notes in the form of CM exchangeable non-voting notes;

• Up to €40 million of class A-2 senior secured floating-rate notes in the form of CM voting notes;

• Up to €40 million of class A-2 senior secured floating-rate notes in the form of CM non-voting notes;

• Up to €40 million of class A-2 senior secured floating-rate notes in the form of CM exchangeable non-voting notes;

• Up to €37 million of class B senior secured deferrable floating-rate notes in the form of CM voting notes;

• Up to €37 million of class B senior secured deferrable floating-rate notes in the form of CM non-voting notes;

• Up to €37 million of class B senior secured deferrable floating-rate notes in the form of CM exchangeable non-voting notes;

• Up to €21 million of class C senior secured deferrable floating-rate notes in the form of CM voting notes;

• Up to €21 million of class C senior secured deferrable floating-rate notes in the form of CM non-voting notes;

• Up to €21 million of class C senior secured deferrable floating-rate notes in the form of CM exchangeable non-voting notes;

• Up to €23.5 million of class D senior secured deferrable floating-rate notes in the form of CM voting notes;

• Up to €23.5 million of class D senior secured deferrable floating-rate notes in the form of CM non-voting notes;

• Up to €23.5 million of class D senior secured deferrable floating-rate notes in the form of CM exchangeable non-voting notes;

• Up to €12 million of class E senior secured deferrable floating-rate notes in the form of CM voting notes;

• Up to €12 million of class E senior secured deferrable floating-rate notes in the form of CM non-voting notes; and

• Up to €12 million of class E senior secured deferrable floating-rate notes in the form of CM exchangeable non-voting notes.

The subordinated notes will remain outstanding.

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