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Prospect News home > News index > List of issuers S > Headlines for Swiss Reinsurance Co. Ltd. > News item
Published on 8/6/2020 in the Prospect News Liability Management Daily.

ELM repurchases, cancels €18.5 million fixed-rate notes due 2028

By Taylor Fox

New York, Aug. 6 – ELM BV has repurchased and canceled €18.5 million in aggregate principal amount of its secured fixed-rate notes due 2028, according to a company announcement.

The remaining aggregate principal amount outstanding is €16.5 million.

Based in Amsterdam, ELM is a special purpose entity formed to issue debt securities to repay credit facilities, refinance debt and for acquisition purposes for Swiss Reinsurance Co. Ltd.


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