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Prospect News home > News index > List of issuers Tenders > Headlines for 2018 > News item
Published on 9/10/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Spirit Issuer to redeem £51.92 million of debentures due 2027

By Marisa Wong

Morgantown, W.Va., Sept. 10 – Spirit Issuer plc gave notice that it will redeem £51,919,750 of its £145,375,300 outstanding fixed/floating class A4 secured debentures due 2027 on Sept. 28.

The bonds will be redeemed at 101.63772 for a redemption amount of £52,770,050.13, excluding accrued interest.

The company originally issued £350 million of the bonds.

Spirit Issuer is a London-based lender to group companies of Spirit Pub Co. plc.


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