CIE Buys Back 2015 Bonds

Mexican entertainment company CIE closed Friday a buyback operation for outstanding 2015 bonds, with 93% of the securities tendered for cash and a premium. The company offered $1,025 per $1,000 in principal amount tendered. CIE will also pay a $30 premium for every $1,000 tendered before January 31. The 2015 notes had a coupon of 8.875%.