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home / news releases / TH - Target Hospitality to partially redeem senior notes to enhance value creation

TH - Target Hospitality to partially redeem senior notes to enhance value creation

Target Hospitality Corp.
  • Target Hospitality's ( NASDAQ: TH ) indirect subsidiary, Arrow Bidco will redeem $125M in principal amount of its outstanding 9.50% Senior Secured Notes due 2024 on Mar.15, 2023.
  • The notes will be redeemed for a redemption price equal to 100% of the principal amount of the notes redeemed plus accrued and unpaid interest to but not including the Redemption Date.
  • The company will remain focused on allocating capital to high return initiatives, including strategic growth opportunities, while maintaining progress towards being net-debt free in 2023.

For further details see:

Target Hospitality to partially redeem senior notes to enhance value creation
Stock Information
Company Name: Target Hospitality Corp.
Stock Symbol: TH
Market: NYSE
Website: targethospitality.com
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