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Prospect News home > News index > List of issuers O > Headlines for Orexo AB > News item
Published on 7/9/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Orexo to partially redeem floating-rate bonds due 2021 at 102

By Rebecca Melvin

New York, July 9 – Orexo AB (publ.) intends to redeem SEK 32.5 million of its senior unsecured floating-rate bonds due November 2021, which represents 10% of the SEK 325 million bond issue, according to a press release.

The bonds will be redeemed at 102% of par plus accrued interest up to and including the Aug. 6 prepayment record date. The payment will be made Aug. 13.

Orexo is a specialty pharmaceutical company based in Uppsala, Sweden.


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