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28 May 2012

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Austrian Immofinanz recovers most of E516m bond

The newly-merged Austrian Immofinanz has reached agreement on a complex financial restructuring including part-repayment of a E516m bond by a Liechtenstein firm, and the transfer of 113 companies held by the associated Constantia Packaging. Chairman Eduard Zehetner told a news conference the move has completed the restructuring of the group.

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