Post by
ztransforms173 on Oct 31, 2024 6:20pm
USD 800M 8.50% Notes Are REDEEMABLE ONLY On 5/1/2026
- so we we will HAVE TO WAIT 18 months BEFORE they are CALLABLE for REDEMPTION at a PREMUIM PRICE; usually 105% of NOMINAL VALUE
- @ May 1, 2028, we can REDEEM the 2030 Notes AT PAR {100%})
- they MATURE on APRIL 30, 2030
z173
Comment by
AvInvestor on Oct 31, 2024 10:47pm
Not quite, there's $466.1M credit facility which is floating rate debt ( prime + 0.5???). That can be addressed right away with an asset sale.