Verisure to redeem €200 million floaters due 2025 on April 27

By Mary-Katherine Stinson

Lexington, Ky., April 17 – Verisure Holding AB will redeem its €200 million floating-rate senior secured notes due 2025 (ISIN: XS2010032295, XS2010031644) on April 27, according to a notice.

The Regulation S and Rule 144A notes will be redeemed at par for a total of €200,545,133.34, which comprises the outstanding principal of €200 million and accrued interest equal to €545,133.34.

The redemption is conditioned on the issuer receiving the necessary funds. The redemption may not occur any later than 60 days after the redemption date of April 27.

The notes called for redemption must be surrendered to Citibank NA, London Branch as paying agent.

Wilmington Trust, NA is the trustee.

Verisure is a Versoix, Switzerland-based security 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.