Central European Media buys back $46 million of three series of notes

By Marisa Wong

Madison, Wis., Oct. 22 - Central European Media Enterprises Ltd. said it repurchased $46 million of its senior notes on Oct. 19.

Specifically, the company bought back $34.8 million of its 3½% senior convertible notes due 2013 at 88.25, €2 million of its senior floating-rate notes due 2014 at 81.75 and €6 million of its 11 5/8% senior notes due 2016 at 102.5, plus accrued interest on each series of notes.

Central European is a Hamilton, Bermuda-based media company.

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