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Published on 9/19/2013 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Superior Plus to redeem all C$150 million of 8¼% debentures

By Tali David

Minneapolis, Sept. 19 - Superior Plus Corp. called all C$150 million of its 8¼% senior unsecured debentures due Oct. 27, 2016, according to a notice, according to a press release.

The debentures will be redeemed at C$1,041.25 per C$1,000 principal amount plus accrued interest, for a total amount of C$1,041.47603 per C$1,000 principal amount, on Oct. 28.

Superior Plus is based in Calgary, Alta. The company operates three primary businesses: energy services, specialty chemicals and construction products distribution.


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