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Published on 6/29/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

R.E.A. buys back £2.46 million 9½% guaranteed sterling notes at 105.45

By Toni Weeks

San Diego, June 29 - R.E.A. Holdings plc said that its wholly owned subsidiary R.E.A. Finance BV has purchased £2.46 million of its 9½% guaranteed sterling notes due 2015/2017.

The company paid 105.45 for the notes, according to a company filing with the London Stock Exchange.

London-based R.E.A. is engaged in the cultivation of oil palms and the production of crude palm oil and crude palm kernel oil in the Indonesian province of East Kalimantan.


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