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Published on 12/12/2012 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Sutton Bridge Financing calls two series of guaranteed secured bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 12 - Sutton Bridge Financing Ltd. will redeem all of its 8.625% guaranteed secured bonds due 2022 and all of its 7.97% guaranteed secured bonds due 2022, according to a notice.

The bonds will be redeemed on Jan. 29, 2013.

The 8.625% bonds will be redeemed at a price of £100,887,174.10.

The 7.97% bonds will be redeemed in the amount of $76,165,116.89, which is the current outstanding amount plus a redemption premium.

Sutton Bridge is a special-purpose financing subsidiary of EDF Energy. The company is based in Lincolnshire, England.


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