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Published on 9/8/2009 in the Prospect News High Yield Daily.

Central European Media to buy back some 8¼% senior notes due 2012

By Susanna Moon

Chicago, Sept. 8 - Central European Media Enterprises Ltd. said it plans to repurchase some of its 8¼% senior notes due 2012.

The company will use proceeds from a €150 million private placement of fixed-rate senior notes.

Hamilton, Bermuda-based Central European Media invests in, develops and operates commercial television channels in Central and Eastern Europe.


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