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Published on 10/13/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Otto calls €40 million 1˝% notes due 2022 for redemption on Dec. 8

By Wendy Van Sickle

Columbus, Ohio, Oct. 13 – Otto GmbH & Co. KG issued a notice of early redemption for its €40 million 1˝% notes due March 8, 2022 (ISIN: XS1567447609).

The notes will be redeemed in full on Dec. 8.

The exact redemption price will be par plus accrued interest.

The notes were issued as series 10 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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