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HRG Group to redeem $864.4M senior notes

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HRG Group to redeem $864.4M senior notes

New York-based household products producer HRG Group Inc. will redeem on Jan. 15, 2018, all $864.4 million of its 7.875% senior secured notes due 2019, according to a Dec. 15 regulatory filing.

The notes will be redeemed at a price equal to 100% of the original principal amount, plus accrued and unpaid interest.

In the same filing, the company disclosed that David Maura has resigned from the board of directors, effective Dec. 31.