Perstorp announces the pricing of EUR250,000,000 Senior Secured Floating Rate Notes due 2022
(WorldNews Sweden)

8 December 2017 Perstorp Holding AB (publ) (`Company`) today announced the pricing of EUR250,000,000 aggregate principal amount of Senior Secured Floating Rate Notes due 2022 (the `Notes`). The Notes will bear interest at EURIBOR (with a floor of 0%) plus 4.25% per annum. The Notes will mature on September 15, 2022, subject to a springing maturity of (x) June 30, 2021 if the Company`s existing 11% Second Lien Notes due 2021 are not refinanced in full on or prior to June 30, 2021 or (y) September 30, 2021 if (i) the Company`s Mezzanine Facility Agreement is not (a) refinanced in full on or prior thereto or (b) extended in full on or prior thereto such that the termination date of the Mezzanine...