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Renaissance Securities holders exercise put on 11% securities due 2016
By Tali Rackner
Norfolk, Va., April 9 - Renaissance Securities Trading Ltd. said holders are exercising their put option on $199,085,000 of its 11% securities due April 21, 2016, according to a filing with the London Stock Exchange.
Following the April 22 transaction, $125,915,000 will remain outstanding.
Moscow-based Renaissance is an investment bank operating in the Russian financial market.
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