Prosus sets redemption price for 2027 notes
Investor services provider Prosus N.V. disclosed the fixed redemption price for its outstanding 2027 senior unsecured notes, aligning with terms set at issuance.
Prosus N.V. announced the redemption price for its 2027 senior unsecured notes, a fixed-rate debt instrument due March 2027. The redemption price, disclosed in a regulatory filing, was set at 100% of the principal amount plus accrued and unpaid interest, consistent with the terms outlined at issuance.
The company stated the redemption would occur on the scheduled maturity date, with no early redemption option exercised. The notes, issued in March 2022, carry a coupon rate of 3.75%, payable semi-annually. Prosus did not provide additional financial or operational context in the filing.
Prosus, a global consumer internet group majority-owned by South Africa’s Naspers, has not indicated any change in its debt management strategy following the announcement.
Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.
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