CEVA Group amends repurchases of two series of notes due in 2016

By Jennifer Chiou

New York, June 17 - CEVA Group, plc said that it has revised the early redemption of some of its senior subordinated notes due 2016, reducing the actual purchase amount.

Specifically, the company bought back €7.3 million - instead of the €7,341,250 announced on Friday - of one series of notes (XS0277864640), leaving €459,709,000 of notes outstanding.

CEVA also bought back €22.95 million, down from €22,984,375, of another series of notes (XS0277867825), leaving €190,512,000 of notes outstanding.

As already reported, 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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