ELM buys back AUD 10.32 million of zero-coupon notes, €10 million of steepener notes

By Tali David

Minneapolis, Dec. 1 - ELM BV announced that it repurchased AUD 10.323 million of its zero-coupon secured notes due June 10, 2013 and €10 million of its series 40 secured callable steepener notes due 2026, according to a press release

Following the Nov. 29 repurchase of the zero coupon notes, the remaining amount is AUD 166.075 million.

The company retired all of its secured callable steepener notes on Nov. 30.

Amsterdam-based ELM focuses on raising capital through the issuance of bonds, notes and other debt instruments.

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