TVN redeems €43 million worth bonds
15:14
TVN Finance Corporation III AB, a subsidiary of TVN has conduct an early redemption of senior notes valued at €43 million in order to reduce the group's debt, the media reported.
A senior note is a debt security, or bond, that takes precedence over other unsecured notes and must be repaid in the event of bankruptcy.
The debt securities were issued on September 16, 2013 and were supposed to mature in 2020.
