Haniel buys back €284m of 2014 notes in second tender offer

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Corporate Bonds

Haniel buys back €284m of 2014 notes in second tender offer

February 25, 2013 12:00 AM

Franz Haniel & Cie has bought back just under €300m of its 6.75% October 2014 notes, reducing its 2014 maturity to less than €500m. It was the second tender offer on the bond, originally of €1bn, by the German investment firm, which owns stakes in Celesio and Metro Group.

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