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Published on 2/17/2010 in the Prospect News High Yield Daily.

iStar Financial buys $395.5 million of senior notes in fourth quarter

By Devika Patel

Knoxville, Tenn., Feb. 17 - iStar Financial Inc. said it repurchased $395.5 million of its senior unsecured notes during the fourth quarter, resulting in a net gain on the early extinguishment of debt of $100.4 million.

iStar is a New York-based finance company focused on the commercial real estate industry.


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