Quarzo redeems €2.15 billion of its asset-backed floaters on May 24

By Tali David

Minneapolis, May 28 - Quarzo Srl redeemed all €2,149,550,000 of its asset-backed floating-rate notes, according to filings with the London Stock Exchange.

The following were redeemed on May 24:

• €1 billion of series A floaters due 2020 (ISIN: IT0004397359);

• €250 million of series B floaters due 2020 (ISIN: IT0004397367);

• €690 million of series A floaters due 2021 (ISIN: IT0004467442); and

• €209.55 million of series B floaters due 2021 (ISIN: IT0004467459).

Milan-based Quarzo operates as a subsidiary of Compass SpA.

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