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Published on 6/2/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Wema Group to fully redeem its callable bonds due 2017 on June 30

By Toni Weeks

San Luis Obispo, Calif., June 2 - Wema Group Holding AS said it will fully redeem its senior secured callable bonds due 2017 on June 30, according to a notice from bond trustee Nordic Trustee ASA.

The redemption price will be 107.68755 plus accrued interest.

Bergen, Norway-based Wema designs, manufactures and distributes sensors for the automotive, marine, agriculture and construction industries.


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