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Published on 12/22/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Glasstank to redeem all €185 million 8½% notes due 2019 at 104.25

By Wendy Van Sickle

Columbus, Ohio, Dec. 22 – Glasstank BV will redeem all €185 million of its 8½% senior secured notes due 2019, according to a notice.

The notes will be redeemed at 104.25 plus accrued interest to the redemption date of Jan. 26 for a total redemption price of €195,963,100.

The record date will be Jan. 25.

Deutsche Bank AG, London Branch is the principal paying agent.

Glasstank operates as Yioula Glass in Greece and the Balkans.


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