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Sus Bee Finance to redeem €37,700,517 of its 3 5/8% notes due 2017
By Sarah Lizee
Olympia, Wash., Dec. 13 – Sus Bee Finance SA gave notice that it will redeem €37,700,517 of its 3 5/8% notes due 2017 on Dec. 17, according to a company announcement.
The redemption amount per note will be €75,401.03 using a pool factor of 75.401034%.
Following the transaction, the principal amount of the notes will be reduced to €12,299,483 from €50 million.
Sus Bee Finance is based in Luxembourg and is managed by Frankfurt School Financial Services GmbH in order to support the microfinance activities in different countries.
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