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Published on 5/12/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

WEPA Hygieneprodukte calls 6½% senior secured notes due 2020

New York, May 12 – WEPA Hygieneprodukte GmbH will redeem its €327 million of 6½% senior secured notes due 2020 on June 10.

The company will pay 104.875% of par plus accrued interest up to but excluding the redemption date, according to a notice.

As previously reported, WEPA Hygieneprodukte priced €450 million of new 3¾% senior secured notes due 2024 on Wednesday.

The issuer is an Arnsberg, Germany-based producer and supplier of tissue products.


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