INEOS announces SATISFACTION OF REFINANCING CONDITION FOR redemption of its EURO-denominated 9 1/4% senior secured notes due 2015
INEOS Finance plc (“INEOS”) today announced that it has raised funds sufficient to pay and discharge the redemption price of, and accrued interest and any additional amounts payable (the “Redemption Price”) on, all of its outstanding euro-denominated 9 1/4% senior secured notes due 2015 (the “Euro 9 1/4% Notes”), which notes have been called to be redeemed on May 15, 2013. As such, the Refinancing Condition stated in the notice of redemption issued on April 15, 2013 in respect of the Euro 9 1/4% Notes has been satisfied, and the full redemption of the Euro 9 1/4% Notes will occur on May 15, 2013.
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