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Target Hospitality Unit to Redeem Senior Secured Notes Due 2025; Shares Fall
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Target Hospitality Unit to Redeem Senior Secured Notes Due 2025; Shares Fall
Mar 10, 2025 11:26 AM

02:10 PM EDT, 03/10/2025 (MT Newswires) -- Target Hospitality's ( TH ) indirect subsidiary, Arrow Bidco, said Monday it will redeem all $181.4 million of its 10.75% senior secured notes due 2025 on March 25.

The notes will be redeemed for 101% of their principal amount plus any unpaid interest up to the redemption date, the company added.

Shares of Target Hospitality ( TH ) fell past 8% in recent trading activity.

Price: 5.36, Change: -0.49, Percent Change: -8.38

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