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Alion Science and Technology to offer $200 million unsecured senior notes in January
By Paul A. Harris
St. Louis, Dec. 14 - Alion Science and Technology Corp. disclosed in a Thursday filing with the Securities and Exchange Commission that it plans to offer $200 million of unsecured senior notes in January.
Proceeds will be used to repay its bridge loan and a portion of its term loan.
The company also disclosed that a group of lenders that includes Credit Suisse has agreed to delay applying a 1% premium on the bridge loan for two months.
The McLean, Va., company is a technology solutions provider delivering technical expertise and operational support to the U.S. Department of Defense.
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