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Published on 9/6/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Italy’s Kedrion redeems 3 3/8% senior secured notes due 2026

Chicago, Sept. 6 – Kedrion SpA redeemed in full its €410 million 3 3/8% senior secured notes due 2026 (ISINs: XS2339500170, XS2339500337), according to a notice.

The redemption took place on Sept. 1.

The notes were redeemed with a premium and interest to the redemption date.

Accordingly, the company paid €427,498,805.54 to redeem the notes based on a par redemption price, a premium of €14,424,430.53 and interest of €4,074.375.01.

Bank of New York Mellon, London Branch was the paying agent.

Kedrion is a biopharmaceutical company based in Lucca, Italy.


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