E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/27/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Susser to redeem all outstanding 10 5/8% notes due 2013 at 105.313

By Susanna Moon

Chicago, April 27 - Susser Holdings Corp. said its subsidiaries Susser Holdings, LLC and Susser Finance Corp. plan to redeem all of their outstanding 10 5/8% senior notes due 2013 at a premium of 105.313 plus accrued interest to the redemption date.

The redemption of the 10 5/8% notes is conditioned upon the completion of the offering of $425 million principal amount of senior notes due 2016.

The Houston-based independent convenience store operator and motor fuel distributor noted previously that they planned to use the note proceeds to redeem their 10 5/8% notes and to repay term loan debt.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.