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Published on 8/7/2009 in the Prospect News High Yield Daily.

CEVA Group buys back some of two series of notes maturing 2014, 2016

By Jennifer Chiou

New York, Aug. 7 - CEVA Group, plc announced the early redemption of some of its senior subordinated notes due 2014 and 2016.

Specifically, the company bought back €142,296,000 of the 2014 notes, leaving €319,413,000 of notes outstanding.

CEVA also bought back €56,397,000 of the 2016 notes, leaving €136,615,000 of notes outstanding.

The transactions took place on Aug. 3.

Ashby de la Zouch, England-based CEVA Group is an Apollo Management portfolio company.


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