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Published on 1/8/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Novus Funding redeems $167 million of variable-rate bonds due 2017

By Tali David

Minneapolis, Jan. 8 - Novus Funding Cayman 2012-1 Ltd. redeemed $167 million of its variable-rate bonds due Dec. 19, 2017, according to a notice.

The bonds were redeemed at par plus accrued interest on Jan. 8.

The Bank of New York Mellon is the trustee.


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