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Published on 5/12/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

France’s Labeyrie calls €355 million 5 5/8% notes due 2021 at 102.813

By Wendy Van Sickle

Columbus, Ohio, May 12 – Labeyrie Fine Foods SAS called its €355 million of 5 5/8% senior secured notes due 2021 for redemption on May 23, according to a company notice.

The redemption price will be 102.813% of par plus accrued interest up to but excluding the redemption date for a total redemption price of €368,758,025.

The redemption is conditioned upon Labeyrie obtaining a new term loan B facility and revolving credit facility with funds sufficient to pay the redemption price.

Labeyrie is a Cam, France-based specialty foods company.


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