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Published on 6/29/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

HSS Hire Group calls 6¾% senior secured notes due 2019

New York, June 29 – HSS Hire Group plc said that subsidiary HSS Financing plc will redeem its £136 million of 6¾% senior secured notes due 2019.

The redemption will be carried out on July 10 at a price of par plus accrued interest, according to a news release.

Completion of the repayment of the notes is conditional on the receipt of funds from borrowings under a new term loan facility.

HSS Hire Group is a London-based tool and equipment rental company, which operates in the United Kingdom and Ireland.


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