Amtel-Vredestein Issues Credit Linked Notes - Tire Review Magazine

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.

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

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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