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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 5/8/2012 in the Prospect News Liability Management Daily.

ELAN repurchases $9.7 million of series 2011-01 floaters due 2016

By Tali David

Minneapolis, May 8 - ELAN Ltd. repurchased $9.7 million of its series 2011-01 limited recourse secured floating-rate credit-linked notes due 2016, according to a press release.

Following the May 1 transaction, $19.4 million of the notes remains outstanding.

ELAN is a St. Helier, Jersey-based private investment company.


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