Intention to Redeem Senior Notes

Summary by AI BETAClose X

Ocado Group PLC announced its intention to redeem all of its outstanding 3.875% Senior Notes due in 2026. The redemption price will be 100% of the principal amount of the notes, in addition to accrued and unpaid interest up to the redemption date. The company has provided notice to HSBC Corporate Trustee Company (UK) Limited and HSBC Bank plc. The anticipated redemption date is November 10, 2025, according to the terms of the indenture dated October 8, 2021. This announcement is for informational purposes only and does not constitute a notice of redemption.

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Companies

Ocado Group (OCDO)
UK 100

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