DGAP-Ad-hoc: Wepa Hygieneprodukte GmbH / Key word(s): Miscellaneous
Wepa Hygieneprodukte GmbH intends to redeem its 3.750% senior secured notes
due 2024
25-Nov-2019 / 08:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014
Wepa Hygieneprodukte GmbH intends to redeem its 3.750% senior secured notes
due 2024
Wepa Hygieneprodukte GmbH intends to redeem in full the EUR 450 million
outstanding principal amount of its 3.750% senior secured notes due 2024
(Regulation S ISIN: DE000A2AA0W5; Rule 144A ISIN: DE000A2AA0X3). In
accordance with the conditions of issue, the 3.750% senior secured notes due
2024 would be redeemed at a redemption price of 101.875%, plus accrued and
unpaid interest thereon up to, but excluding, the redemption date.
In part to fund the proposed early redemption, Wepa Hygieneprodukte GmbH
intends to shortly launch an offering of an aggregate of EUR 550 million
senior secured fixed rate notes due 2027 and/or senior secured floating rate
notes due 2026. The proposed early redemption is subject to the successful
completion of this new offering.
This announcement is not a redemption notice in accordance with the
conditions of issue.
25-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Wepa Hygieneprodukte GmbH
Rönkhauser Str. 26
59821 Arnsberg
Germany
Phone: +49 (0)2932 / 307-0
E-mail: info@wepa.de
Internet: www.wepa.de
ISIN: DE000A2AA0W5, DE000A2AA0X3
WKN: A2AA0W, A2AA0X
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
Luxembourg Stock Exchange
EQS News ID: 920497
End of Announcement DGAP News Service
920497 25-Nov-2019 CET/CEST
(END) Dow Jones Newswires
November 25, 2019 02:45 ET (07:45 GMT)
