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Haven Funding cancels £8.5 million of 8 1/8% secured bonds due 2037
By Tali David
Minneapolis, May 13 - Haven Funding plc announced that Metropolitan Housing Trust Ltd. purchased and surrendered £8.5 million of its 8 1/8% secured bonds due 2037, according to a release.
Following the cancellation, £264.8 million remains outstanding.
London-based Haven is a special-purpose investment company.
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