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Published on 6/19/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Antolin to redeem 5 1/8% senior secured notes on June 30

New York, June 19 – Grupo Antolin-Irausa, SA said that its Grupo Antolin Dutch BV subsidiary will redeem its €400 million of 5 1/8% senior secured notes due 2022 on June 30.

The company will pay 102.5625% of par plus accrued interest, according to a notice.

The redemption is conditional on Antolin receiving sufficient funds from the facility from the European Investment Bank that it obtained on June 12 and its senior credit facilities.

Antolin is a Burgos, Spain, supplier of automotive components.


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