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Meritor announces notice of redemption of all of its outstanding 6.750% notes due 2021

Published 10/03/2017, 07:05 AM
© Reuters.  Meritor announces notice of redemption of all of its outstanding 6.750% notes due 2021
MTOR
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  • Meritor (NYSE:MTOR) has issued a notice of redemption for all of the outstanding $175M aggregate principal amount of its 6.750% notes due 2021 on Nov. 2 and the redemption price will be equal to $1,033.75 per $1,000 principal amount of the Notes, plus accrued and unpaid interest, if any, up to, but not including, the Redemption Date.
  • From and after the Redemption Date, the Notes will no longer be outstanding and interest will cease to accrue on the Notes unless Meritor defaults in making the redemption payment.
  • Press Release
  • Now read: Meritor (MTOR) To Sell Its Interest In The Meritor WABCO Joint Venture To WABCO Holdings (WBC) - Slideshow


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