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KION’s DH Services calls 7¾% senior notes due 2020 for redemption
New York, Nov. 15 – DH Services Luxembourg, Sarl announced that it will repay its $265 million of 7¾% senior notes due 2020 on Dec. 15.
Holders will receive 103.875% of par plus accrued interest, according to a notice.
The redemption is conditional although the notice did not specify the conditions that will have to be met.
DH Services is an issuer for Dematic, which was acquired by KION Group AG on Nov. 1. KION is a Wiesbaden, Germany-based supplier of industrial trucks and related services and of supply chain solutions.
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