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Published on 5/8/2012 in the Prospect News Liability Management Daily.

Cheyne Capital buys back €1 million of credit-linked notes due 2018

By Tali David

Minneapolis, May 8 - Cheyne Capital repurchased €1 million of its series 2007-02 guaranteed non-distribution paying credit-linked notes due March 20, 2018, according to a news release.

Following the May 3 transaction, €10 million remains outstanding.

Cheyne Capital is a London-based hedge fund manager.


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