ELM extends maturity date of $63.7 million floaters by three months

By Taylor Fox

Chicago, July 13 – ELM BV has extended the maturity date of $63.7 million of its $196.5 million secured floating-rate notes (ISIN: XS1516328314) to Nov. 14, 2020, according to a company announcement.

The remaining $132.8 million of the notes have not been extended and will mature on Aug. 14, 2020.

Based in Amsterdam, ELM is a special purpose entity formed to issue debt securities to repay credit facilities, refinance debt and for acquisition purposes for Swiss Reinsurance Co. Ltd.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.