VNU floaters holders OK new call option; new meeting for 6¾% noteholders July 4

By Jennifer Chiou

New York, June 19 - VNU NV said that holders of its €150 million of extendable floating-rate notes due Sept. 28, 2006 authorized the company to add an option allowing it to redeem the notes at par plus accrued interest.

There is €148.2 million of the floaters outstanding.

VNU added that it has called a new meeting for holders of its €600 million of 6¾% notes due Oct. 29, 2008 because no quorum was present in its June 19 meeting.

Noteholders will decide whether to OK the addition of a call option.

The meeting will be held on July 4 and there is €48.923 million of 6¾% notes outstanding.

Based in Haarlem, the Netherlands, VNU is an information and media company.

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