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CIE to Buy Back at Least $146m in Bonds
Mexican gaming operator CIE got tenders and consents from holders of $146m, or 79%, of its 8.875% 2015 senior notes, as of the January 31 early deadline. Holders have until February 15 to tender the remaining notes for $1,025 cash per $1,000 in bonds. The repurchase is funded with excess cash resulting from recent asset sales. Citi is dealer manager.
