Metro to redeem C$300 million 2.68% series F senior notes due 2022

By Mary-Katherine Stinson

Lexington, Ky., May 5 – Metro Inc. will redeem its entire C$300 million 2.68% series F senior notes due Dec. 5, 2022 (Cusip: 59162NAE9) on June 6, according to a press release.

The notes were originally issued Dec. 4, 2017.

The company will pay C$1,001.43 per C$1,000 principal amount, which includes the redemption price of C$1,001.36 and accrued interest of C$0.07 per C$1,000.00 principal amount per note.

The total early redemption premium will be C$408,000 before tax.

Computershare Trust Co. of Canada is distributing the notice of redemption as transferee of Natcan Trust Co., the trustee for the notes.

Questions may be directed to Computershare Trust Co. of Canada (514 982-7888).

Metro is a Montreal-based food retailer in the Quebec and Ontario provinces.

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