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Published on 3/5/2012 in the Prospect News Liability Management Daily.

Egg Banking repurchases £133.52 million, £8.35 million of notes

By Tali David

Minneapolis, March 5 - Egg Banking plc repurchased £133,522,000 of its series 19 notes due 2012 and £8.35 million of its 6 7/8% subordinate notes due 2021, according to a news release.

Following the March 1 transaction, £116,478,000 of the series 19 notes remains.

Following the March 5 transaction, £20,089,000 of the 6 7/8% notes remains.

The British internet bank is based in Derby and London, England.


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