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Penarth Master Issuer to redeem £500 million of asset-backed floaters
By Susanna Moon
Chicago, Oct. 18 - Penarth Master Issuer plc said it plans to redeem its £500 million of series 2010-A2 asset-backed floating-rate notes due 2015.
Penarth will pay par plus accrued interest up to the redemption date, which is Nov. 18.
Penarth Master Issuer is based in London.
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