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Published on 2/27/2024 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Germany’s RENK redeems 5¾% bonds due 2025

Chicago, Feb. 27 – RENK AG announced that it replaced its existing 5¾% corporate bonds due 2025 with a bank loan, according to a press release.

The bonds were redeemed on Feb. 20.

The company is an Augsburg, Germany-based supplier of drivetrain technologies.


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