Universal Entertainment (TYO:6425) has refinanced the early redemption of its overseas privately placed notes due in December, which had an unredeemed face amount of $760 million, according to its filing on Friday.
The early redemption was completed on Sept. 4.
The principal amount redeemed includes $482 million from notes issued in 2020, $135 million from additional notes issued in 2020, and $143 million from additional notes issued in July 2021, totaling $760 million.
The redemption price was 108.75% of the principal amount, with accrued interest of $20.173286 per $1,000, bringing the total redemption amount to $826.5 million.
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