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Prospect News home > News index > List of issuers Tenders > Headlines for 2008 > News item
Published on 8/8/2008 in the Prospect News High Yield Daily.

Castle Holdco subsidiary repurchases £7 million of its 9 7/8% senior notes due 2015

By Devika Patel

Knoxville, Tenn., Aug. 8 - Castle Holdco 4, Ltd. announced its subsidiary, Castle Holdco 5, Ltd., bought about £7 million of its £170 million of 9 7/8% senior notes due 2015, which represents about 4% of the notes.

Along with the notes previously acquired by the company, about 33% of the notes have been bought back.

Castle Holdco is the holding company for Countrywide plc, a Witham, Great Britain-based real estate company.


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