Coinmach calls all $324.5 million 9% notes

By Jennifer Chiou

New York, Dec. 30 - Coinmach Corp. announced the Feb. 1 redemption of all its $324.5 million of 9% senior notes due 2010, according to an 8-K filing with the Securities and Exchange Commission.

The company said it will redeem the notes at 104.5% plus accrued interest through the redemption date for a $1,090 payment per $1,000 principal amount of notes.

US Bank NA is trustee.

Coinmach is a Plainview, N.Y., provider of outsourced laundry equipment services for multifamily housing properties.

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