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Otto to early redeem €45 million floating-rate notes due 2021
By Marisa Wong
Los Angeles, June 8 – Otto GmbH & Co. KG issued a notice of early redemption for its €45 million floating-rate notes due Nov. 5, 2021 (ISIN: XS1123401579).
The notes will be redeemed in full on Aug. 5 at par plus accrued interest.
The series 4 notes were originally issued under the company’s €2 billion debt issuance program.
The mail order and e-commerce company is based in Hamburg, Germany.
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