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Prospect News home > News index > List of issuers Tenders > Headlines for 2016 > News item
Published on 10/25/2016 in the Prospect News Distressed Debt Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Punch Taverns to redeem £65 million class B4 fixed-rate, PIK notes

By Tali Rackner

Norfolk, Va., Oct. 25 – Punch Taverns Finance plc will exercise its option to redeem £65 million of its class B4 fixed-rate and PIK notes due Oct. 15, 2028, according to a filing with the London Stock Exchange.

The notes will be redeemed at a total redemption price of £65,037,727.90 on Nov. 1.

Punch Taverns is a pub company based in Burton on Trent, England.


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