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Ionia Capital buys back €13 million of floating-, fixed-rate notes
By Ashley Montgomery
Kansas City, Kan., March 14 - Ionia Capital plc repurchased a portion of its credit-linked notes due Sept. 20, 2013 on Feb. 27, according to a notice.
The following notes are affected:
• €5 million of Elbe II class A-e1 secured floating-rate credit-linked notes due Sept. 20, 2013;
• €5 million of Havel class A-e1 secured floating-rate credit-linked notes due Sept. 20, 2013; and
• €3 million of Havel class B-e2 secured fixed-rate credit-linked notes due Sept. 20, 2013.
Following the transaction, €1 million of the Elbe II notes, none of the Havel class A-e1 notes and €3.38 million of the Havel class B-e2 notes remain outstanding.
The issuer is based in London.
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