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Maxar redeems its $500 million 9¾% notes due 2023 at 107.313
By Wendy Van Sickle
Columbus, Ohio, June 14 – Maxar Technologies Inc. completed the redemption of all $500 million of its 9¾% senior secured notes due 2023 at 107.313, according to an 8-K filing with the Securities and Exchange Commission.
The company funded the redemption from a new issuance of $500 million of 7¾% senior secured notes due 2027 and with borrowings under the company’s syndicated credit facility and cash on hand.
The space technology company is based in Westminster, Colo.
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