20 September 2019, 09:51, World

MHP announced Notes redemption

MHP announced that it will redeem all USD 79.4 mln in the aggregate principal amount outstanding of its 8.25% Notes due 2020 on 21 October 2019.

The notes will be redeemed in accordance with the terms of the indenture dated as of 2 April 2013 (as amended and restated from time to time) governing such Notes.

As a reminder, MHP intends to use the proceeds of the Notes for short-term debt refinancing, general corporate purposes and to pay fees and expenses related to the offering of the Notes.