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Netherlands-based Demeter Investments changes name

Demeter Investments BV changed its name to Argentum Netherlands BV, effective May 14.

The company is a repackaging vehicle for Zurich Insurance Group AG unit Zurich Insurance Co. Ltd., to which a $500 million subordinated bond was issued in February. Demeter, now Argentum, was then slated to issue separate notes secured by the subordinated bonds to investors.