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Amtel-Vredestein Repays Debt

(Clacton, U.K./Tyres & Accessories) Amtel-Vredestein NV, has announced that its Amtelshimprom subsidiary has repaid a ruble bond in the amount of 600 million rubles ($20.8 million).

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According to the company, the debt was repaid primarily using proceeds from the company’s listing November IPO on the London Stock Exchange.

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