Warner Music unit redeems all 5% senior secured notes due 2023

By Sarah Lizee

Olympia, Wash., Aug. 3 – Warner Music Group Corp. subsidiary WMG Acquisition Corp. redeemed in full its 5% senior secured notes due 2023 on Aug. 3, according to an 8-K filing with the Securities and Exchange Commission.

The issuer irrevocably deposited funds in an amount sufficient to pay the principal, premium and accrued interest on all of the outstanding notes to but not including the date of redemption.

Warner is a New York City-based record label and entertainment conglomerate.

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