Germany's Wittur issues conditional call for 8½% notes due 2023

By Wendy Van Sickle

Columbus, Ohio, Sept. 24 – Wittur International Holding GmbH conditionally called its €225 million of 8½% senior notes due Feb. 15, 2023 for redemption on Oct. 3, according to a notice.

The notes will be redeemed at 102.125 plus accrued interest up to but excluding the redemption date.

The total redemption amount is expected to be €232,384,375.

The redemption is conditioned upon the completion by the issuer of one or more debt refinancing that result in the issuer receiving proceeds sufficient to pay the redemption amount.

The redemption may be postponed by up to 60 days.

Elavon Financial Services DAC, UK Branch is the paying agent.

Wittur is a Wiedenzhausen, Germany-based manufacturer of lift components.

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