SPCM to redeem €400 million 5½% senior notes due 2020 on April 23

By Susanna Moon

Chicago, April 13 – SPCM SA said it will redeem its €400 million of outstanding 5½% senior notes due 2020.

The notes will be redeemed at par plus any premium on April 23, according to a company notice.

The company said it also will pay accrued interest up to but excluding the redemption date.

The redemption price will be paid to holders of record as of April 10.

The redemption will be conditioned on the issuer receiving financing, the release noted.

The paying agent is Bank of New York Mellon, London (corporate trust administration). BNY Mellon Corporate Trustee Services Ltd. is the trustee. The Bank of New York Mellon (Luxembourg) SA is the Luxembourg paying agent, transfer agent and registrar.

SPCM SA is the parent of Andrezieux, France-based specialty chemicals producer SNF Floerger.

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