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IFCO SYSTEMS N.V. ANNOUNCES REDEMPTION PRICE OF ITS OUTSTANDING 10% GUARANTEED SENIOR SECURED NOTES DUE 2016


June 24, 2011 - London

IFCO Systems N.V. /IFCO SYSTEMS N.V. ANNOUNCES REDEMPTION PRICE OF ITS OUTSTANDING 10% GUARANTEED SENIOR SECURED NOTES DUE 2016 . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement.

Amsterdam, the Netherlands, June 24, 2011

 

IFCO Systems N.V. (the "Company") announced on May 31, 2011 that it intends to redeem on June 30, 2011 (the "Redemption Date") all of its 10% Guaranteed Senior Secured Notes due 2016 (the "Notes") then outstanding. The Company announced today that the Applicable Premium (as defined in the indenture in respect of the Notes) has been calculated as €207.37893 per €1,000 of Notes, based on the Bund Rate published on June 24, 2011 of 1.355%. The Notes will therefore be redeemed at a redemption price of 100% of the principal amount thereof plus accrued and unpaid interest, which on June 30, 2011 will be a total of €1,000 per €1,000 of Notes held, plus the Applicable Premium of €207.37893 per €1,000 of Notes held (the "Redemption Price").

 

 

 

Dr. Michael W. Nimtsch
IFCO SYSTEMS N.V.

 

Tel:    +49 89 744 91 121
Fax:   +49 89 744 91 239
Email:Michael.Nimtsch@ifco.de

--- End of Message ---

IFCO Systems N.V.
Zugspitzstraße 7 Pullach


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Source: IFCO Systems N.V. via Thomson Reuters ONE

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