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Published on 8/25/2023 in the Prospect News Distressed Debt Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Haya Holdco 2 conditionally calls euro-denominated floaters due 2025

By Marisa Wong

Los Angeles, Aug. 25 – Haya Holdco 2 plc issued a conditional notice of partial redemption for its euro-denominated floating-rate senior secured notes due 2025 (ISIN: XS2485628890, XS2485856178) guaranteed by parent Haya Holdco 1 Ltd. and Haya Real Estate, SAU.

The notes will be redeemed on Sept. 5.

The redemption amount will be disclosed in a later notice, the issuer said.

The redemption is subject to a financing condition.

GLAS Trust Co. LLC is trustee, and GLAS Trust Corp. Ltd. is security agent.

The real estate company is based in Madrid.


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