Notice of conditional redemption

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[{"type":"text","content":"\n \nRNS Number : 9801S HSS Hire Group PLC 29 June 2018  \n\nThis announcement contains inside information as defined in Article 7 of the Market Abuse Regulation (EU) 596/2014 (\"Market Abuse Regulation\") and is disclosed in accordance with the obligations of HSS Hire Group plc under Article 17 of the Market Abuse Regulations.\n \nHSS FINANCING PLC ANNOUNCES THE CONDITIONAL REDEMPTION OF £136,000,000 AGGREGATE PRINCIPAL AMOUNT OF ITS 6.750% SENIOR SECURED NOTES DUE 2019\n \nLONDON-Friday, June 29, 2018\nHSS Financing plc (the \"Issuer\") today announced that it has issued a notice of conditional redemption (the \"Redemption\") with respect to the entire aggregate principal amount of the Issuer's 6.75% Senior Secured Notes due 2019 outstanding, being £136,000,000 (the \"Notes\"). The Notes were issued pursuant to the indenture dated as of February 6, 2014, and supplemented by the supplemental indenture dated July 6, 2017 (the \"Indenture\").\nThe Notes will, subject to satisfaction of the Condition (as defined below), be redeemed on July 10, 2018 (the \"Notes Redemption Date\") at a redemption price of 100.000% of the principal amount thereof, plus accrued and unpaid interest on the Notes to the applicable redemption date, in aggregate, £140,054,500.00 and Additional Amounts (as defined in the Indenture), if any. The accrued and unpaid interest up to, but excluding, the Notes Redemption Date will be £4,054,500.00.\nThe Redemption will be subject to the Issuer's receipt on or prior to the Notes Redemption Date of funds in an aggregate amount sufficient to redeem the Notes (the \"Condition\") from the Issuer's drawings under a new term loan facility. The Issuer reserves the right to revoke this redemption notice if the Condition is not satisfied.\nAccordingly, none of the Notes will be deemed due and payable on the Notes Redemption Date unless and until the Condition has been satisfied or waived by the Issuer. There is no assurance that the Condition will be satisfied or that the Redemption will occur.\nForward-Looking Statements\nThis press release may include \"forward-looking statements\" as that term is defined in the U.S. Private Securities Litigation Reform Act of 1995, such as statements that include the words \"expect,\" \"estimate,\" \"believe,\" \"project,\" \"plan,\" \"anticipate,\" \"should,\" \"int...

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