news / article
Primus Guaranty Announces Bond Buyback Program for 7% Senior Notes
October 08, 2008
Primus Guaranty, Ltd. (NYSE:PRS) announced today that its Board of Directors has authorized the use of up to $10 million of available cash to repurchase the company's 7% senior notes due 2036 (NYSE:PRD), from time to time in the open market or in privately negotiated transactions at prices and upon terms approved by management.