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Quarzo redeems €2.15 billion of its asset-backed floaters on May 24
By Tali David
Minneapolis, May 28 - Quarzo Srl redeemed all €2,149,550,000 of its asset-backed floating-rate notes, according to filings with the London Stock Exchange.
The following were redeemed on May 24:
• €1 billion of series A floaters due 2020 (ISIN: IT0004397359);
• €250 million of series B floaters due 2020 (ISIN: IT0004397367);
• €690 million of series A floaters due 2021 (ISIN: IT0004467442); and
• €209.55 million of series B floaters due 2021 (ISIN: IT0004467459).
Milan-based Quarzo operates as a subsidiary of Compass SpA.
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