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Amtel-Vredestein Issues Credit Linked Notes

(Akron/Tire Review) Amtel-Vredestein N.V. said it will issue credit linked notes for 100 million Euros during the first quarter of 2006.

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The company said it would use the proceeds to finance retail expansion and to refinance debt.

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The tiremaker said the four-year securities will carry a two-year put option. The coupon will be paid twice yearly. The issue lead manager is Alfa-Bank, Russia.

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