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Claudius repurchases $164 million leveraged credit risk notes due 2015
By Toni Weeks
San Diego, Oct. 4 - Claudius Ltd. repurchased all $164 million of its series 2003-1 leveraged credit risk notes due Dec. 11, 2015 (ISIN: XS0180423559) on Sept. 28, according to a company filing with the London Stock Exchange.
Claudius is a special purpose entity established by Credit Suisse Group to issue dollar-denominated perpetual notes and use the proceeds to purchase participation securities issued by Credit Suisse. The company's registered office is in Sunderland, England.
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