CEVA Group to redeem all 8½% notes due 2014 and 10% notes due 2016

By Ashley Montgomery

Kansas City, Kan., Feb. 2 - CEVA Group plc issued a notice of optional redemption for its 8½% senior notes due 2014 and 10% senior subordinated notes due 2016, which are redeemable on March 2, according to a filing with the Irish Stock Exchange.

The company said it would redeem all €182,616,000 of 8½% notes at 102.125 plus accrued interest up to the redemption date and all €55,903,000 of 10% notes at 105 plus accrued interest up do the redemption date.

The Bank of New York Mellon is the trustee.

CEVA Group is a London-based supply chain company.

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