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Published on 5/13/2013 in the Prospect News Liability Management Daily.

Haven Funding cancels £8.5 million of 8 1/8% secured bonds due 2037

By Tali David

Minneapolis, May 13 - Haven Funding plc announced that Metropolitan Housing Trust Ltd. purchased and surrendered £8.5 million of its 8 1/8% secured bonds due 2037, according to a release.

Following the cancellation, £264.8 million remains outstanding.

London-based Haven is a special-purpose investment company.


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