ONO Finance plans to redeem 11 1/8%, 10 7/8% senior notes due 2019

By Tali Rackner

Norfolk, Va., Dec. 5 – ONO Finance II plc called its 11 1/8% senior notes due 2019 and 10 7/8% senior notes due 2019, according to a notice.

The notes will be redeemed on Jan. 15.

The company will redeem €254,699,239.51 of its 11 1/8% notes plus accrued interest of €13,421,033.13 for a total redemption price of €268,120,272.64.

It will also redeem $168,146,196.12 of the 10 7/8% notes plus accrued interest of $8,671,398.75 for a total redemption price of $176,817,594.87.

The Bank of New York Mellon is the trustee.

ONO is a Madrid-based broadband communication and entertainment company.

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