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Published on 5/17/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

OTE repurchases €8.99 million notes due 2011

By Toni Weeks

San Diego, May 17 - OTE plc has repurchased €8,989,000 of series 3 notes due Nov. 11, 2011, according to a company filing with the London Stock Exchange.

Following this transaction, €512,587,000 of the notes remains outstanding.

London-based OTE is the finance subsidiary of Hellenic Telecommunications Organization SA, a telecommunications provider based in Athens.


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