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Published on 8/9/2019 in the Prospect News Distressed Debt Daily.

Omnia Bonds II expects to make payment due on 6½% notes by Aug. 30

By Caroline Salls

Pittsburgh, Aug. 9 – Omnia Bonds II plc announced Friday that the interest payment due May 3 on its five-year 6½% notes is expected to be delivered to noteholders on or before Aug. 30.

According to a news release, the payment delay resulted from a shortfall in the payment of amounts due to the company by Omnia Private Equity AG.

The notes are listed on the Frankfurt Stock Exchange.

The issuer is a London-based investment holding company.


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