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Published on 5/6/2009 in the Prospect News Convertibles Daily.

Atrium buys €60 million in subordinated convertibles for €58.35 million from Meinl Bank

By Devika Patel

Knoxville, Tenn., May 6 - Atrium European Real Estate Ltd. said it repurchased €60 million of its subordinated convertible bonds for €58.35 million on May 6.

Of the bonds, €40 million were repurchased from Meinl Bank AG and €20 million were bought back from the escrow agent for Meinl Bank, JPMorgan Chase Bank, NA.


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