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Published on 12/20/2011 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Renaissance Consumer Funding redeems €8.3 million of notes on Dec. 15

By Tali David

Minneapolis, Dec. 20 - Renaissance Consumer Funding Ltd. redeemed €8.3 million of its 13% eurobonds due 2013, according to a filing with the London Stock Exchange.

Following the Dec. 15 transaction, €186.7 million of the notes remain outstanding.

The issuer is a subsidiary of Moscow-based Renaissance Capital Bank.


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