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Inovyn to redeem 10 5/8% senior secured notes issued by Kerling
New York, April 25 – Inovyn Finance plc said that it will redeem its 10 5/8% senior secured notes due 2017 on May 25.
The company, previously known as Kerling plc and before that Kerling Ltd., will pay par plus accrued interest up to but excluding the redemption date, according to a notice.
Redemption is subject to a financing condition.
If the financing condition is not met or waived by May 24, the redemption will be postponed to the business day immediately following satisfaction of the condition. However the redemption will not be delayed beyond June 24.
Inovyn is a manufacturer of polyvinyl chloride and other chlorine derivatives and is based in London.
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