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Published on 8/23/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

TRW Automotive repurchases €5 million of 6 3/8% notes due March 2014

By Toni Weeks

San Diego, Aug. 23 - TRW Automotive repurchased €5 million of its €176,425,000 of 6 3/8% senior notes due March 15, 2014 (ISIN: XS0292580742) on Aug. 22, according to a company filing with the London Stock Exchange.

Following the buyback, there is €171,525,000 of the notes outstanding. The securities were issued on March 26, 2007.

The notes are transferrable with other notes issued by TRW that have an ISIN of XS0292582011. The combined balance across both issues following this repurchase is €174,950,000.

TRW Automotive is a Livonia, Mich.-based automotive supplier.


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