13 February 2015
HSS Financing plc
Completion of Partial Redemption of 6.75% Senior Secured Notes due 2019
HSS Financing plc (the "Company") today announces the completion of the previously announced partial redemption of its 6.75% Senior Secured Notes due 2019 (the "Notes"). Pursuant to the previously issued redemption notice, the Company on 12 February 2015 (the "Redemption Date") redeemed £64.0 million of its outstanding Notes at a redemption price of 106.750% of the principal amount being redeemed (being £68.32 million in total), plus £132,000 in accrued and unpaid interest to the Redemption Date. As a result of the partial redemption, £136.0 million remains outstanding under the Notes, representing 68% of the original aggregate principal amount of the Notes.
On 9 February 2015 the ordinary shares of HSS Hire Group plc, a parent company of the Company, were admitted to the premium listing segment of the Official List of the UK Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange plc.
ENQUIRIES
HSS Hire Group plc |
+ 44 (0) 208 897 8566 |
Chris Davies, Chief Executive Officer |
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Steve Trowbridge, Chief Financial Officer |
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