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Foundation Building to redeem 8¼% notes with proceeds from term loan
By Sarah Lizee
Olympia, Wash., April 23 – Foundation Building Materials Holdings Co. LLC plans to redeem its 8¼% senior secured notes due 2021 using proceeds from a new $450 million seven-year term loan B, according to a market source.
Foundation Building is a Tustin, Calif.-based building material company.
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