CEVA Group buys back portion of two series of notes maturing 2016

By Jennifer Chiou

New York, June 12 - CEVA Group, plc announced the early redemption of some of its senior subordinated notes due 2016.

Specifically, the company bought back €7,341,250 of one series of notes (XS0277864640), leaving €459,667,750 of notes outstanding.

CEVA also bought back €22,984,375 of another series of the notes (XS0277867825), leaving €190,477,625 of notes outstanding.

The transactions took place on May 15.

Ashby de la Zouch, England-based CEVA Group is an Apollo Management portfolio company.

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