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Corporate & Finance Initiatives
On April 26, the company announced the pricing of its $600 million senior notes due 2023 offering at 5.875 percent, to be issued at 99.062 percent of par value. Net proceeds from the offering will be used to repurchase, repay or otherwise discharge all, or substantially all, of its $501.2 million outstanding 10.25 percent senior secured notes due 2018.
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