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Renaissance buys back $35 million loan participation notes due 2013
By Toni Weeks
San Diego, Oct. 11 - Renaissance Consumer Funding Ltd. said it repurchased $35 million of 13% loan participation notes due April 1, 2013 (ISIN: XS049944837) on Sept. 29, according to a company filing with the London Stock Exchange.
Following this transaction, $195 million of the notes remains outstanding.
The issuer is a subsidiary of Moscow-based Renaissance Capital Bank.
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