news / article
Primus Financial Repurchases $21.9 Million of Its Subordinated Notes
April 15, 2009
Primus Guaranty, Ltd. (the “Company” or “Primus Guaranty”) (NYSE:PRS) today announced that its subsidiary, Primus Financial Products, LLC (“Primus Financial”), purchased $21.9 million principal amount of its $75 million subordinated notes due 2034 in a privately negotiated transaction following an inquiry to Primus Financial made by the holder of the notes.