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Published on 10/10/2008 in the Prospect News High Yield Daily.

Castle Holdco subsidiary buys back £4 million of its 9 7/8% notes

By Susanna Moon

Chicago, Oct. 10 - Castle Holdco 4, Ltd. said its subsidiary Castle Holdco 5, Ltd. purchased about £4 million, or about 2%, of its £170 million of 9 7/8% senior notes due 2015.

To date, the company has bought back about 35% of the notes.

Castle Holdco is the holding company for Countrywide plc, a Witham, England-based real estate company.


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