West Atlantic to redeem SEK 500 million 8% bonds due 2018

By Tanya Meyer

Chicago, Dec. 10 –West Atlantic AB announced it will redeem in full its outstanding SEK 500 million of 8% senior secured 2013/2018 bonds on Dec. 30.

The company will pay par plus the make-whole amount plus accrued interest for an expected total of approximately SEK 1,080,029 per bond. The exact amount will be set according to the terms of the bonds.

West Atlantic Group is a Gothenburg, Sweden-based provider of European air freight services.

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