E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/15/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Obrascon Huarte sets redemption price for 7 3/8% notes due 2015

By Toni Weeks

San Luis Obispo, Calif., Dec. 15 – Obrascon Huarte Lain, SA announced the redemption price for its previously announced redemption of €523.75 million of 7 3/8% notes due 2015, according to a filing with the London Stock Exchange.

The company will redeem the notes on Dec. 23 at €51,764.30 per note. The amount is equal to par plus a premium and accrued interest up to the redemption date.

The redemption was announced on Nov. 20.

Obrascon Huarte Lain is a Madrid-based construction and engineering company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.