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Published on 6/23/2009 in the Prospect News Emerging Markets Daily.

South Africa's Savcio buys back €2.01 million of notes due 2013

By Susanna Moon

Chicago, June 23 - Savcio Holdings Pty. Ltd. said it repurchased €2.01 million of its €110.1 million of notes due Feb. 15, 2013 on June 23.

There will be €108.09 million of the notes outstanding following settlement of the repurchase.

The issuer is a maintenance service provider to the mining industry based in Bruma, South Africa.


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