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Published on 8/25/2011 in the Prospect News Liability Management Daily.

Tube Lines pays £214.45 million to repurchase some 5.54% notes

By Toni Weeks

San Diego, Aug. 25 - Tube Lines (Finance) plc said it repurchased £217,063,000 of its class A-1 5.54% guaranteed notes due March 31, 2031 (ISIN: XS0192460433) for £214,451,732 on Aug. 23.

Prospect News previously reported the principal amount of the repurchased notes.

Following the repurchase and cancellation of the notes, the outstanding balance is £929,350,000.

Located in London, the subsidiary of Transport for London (TfL) maintains and upgrades London's underground train system.


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