Wendel plans to redeem 1.875% bonds due 2020, 3.75% bonds due 2021

By Sarah Lizee

Olympia, Wash., April 23 – Wendel plans to fully exercise the make-whole redemption provision in whole for its €300 million of 1.875% bonds due April 2020 and its €209.5 million of 3.75% bonds due January 2021.

The redemptions are being made in connection with the company’s proposed €300 million seven-year bond issue, according to a press release.

The redemptions will follow the new issue of bonds.

Wendel is an investment firm based in Paris.

© 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.