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Published on 8/31/2011 in the Prospect News Liability Management Daily.

Claris redeems €13 million tranche 1 ABS floating-rate notes due 2037

By Toni Weeks

San Diego, Aug. 31 - Claris Ltd. said it redeemed €13 million of €38 million of series 89/2007 tranche 1 asset-backed floating-rate notes due 2037 issued by Millesime 2007-2 Synthetic CDO on Aug. 30, according to a company filing with the London Stock Exchange.

Following this, the outstanding amount of notes will be €25 million.

Claris is located in St. Helier, Jersey.


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