Primus Guaranty Issues Mandatory Redemption
Bermuda-based Primus Guaranty, Ltd. announced on Friday [Aug 24] that it has issued a notice of mandatory redemption of all of its 7% Senior Notes due 2036 on September 27, 2012.
The Senior Notes to be redeemed in the Mandatory Redemption shall be redeemed at 100% of the principal amount thereof plus accrued interest to the Redemption Date, and interest on the Senior Notes will cease to accrue on and after the Redemption Date.
Investors with questions about the Mandatory Redemption can contact Deutsche Bank Trust Company Americas, the Trustee for the Senior Notes, at 1-800-735-7777.
