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Prospect News home > News index > List of issuers Tenders > Headlines for 2019 > News item
Published on 6/4/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Europcar Mobility to redeem 5¾% senior notes due 2022 at 101.438

By Sarah Lizee

Olympia, Wash., June 4 – Europcar Mobility Group SA plans to redeem its €600 million of 5¾% senior notes due 2022, according to a notice.

The notes will be redeemed on June 15 at 101.438 plus accrued interest up to but excluding the redemption date. The total redemption price is €625,878,000.

The redemption will be conditional on the release from escrow, which includes the proceeds of the offering by Europcar Mobility Drive DAC of its €450 million 4% senior notes due 2026.

Europcar is a Paris-based vehicle rental services provider.


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