Primedia buys back $56.62 million 8?% notes at a discount

By Laura Lutz

Des Moines, Aug. 3 - Primedia Inc. repurchased at a discount $56.615 million principal amount of 8?% senior notes due 2011 during the second quarter.

The company paid $55.262 million plus $398,000 of accrued interest for the notes.

Primedia is a New York-based targeted media company.

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