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Published on 3/4/2011 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

South Africa's Foodcorp calls all €280 million of 8 7/8% notes

By Toni Weeks

San Diego, March 4 - Foodcorp Pty. Ltd. said it is calling for the full redemption its €280 million of 8 7/8% first-priority senior secured notes due 2012, according to a company announcement with the Irish Stock Exchange.

The redemption will occur on April 4 at a redemption price of 102.219 plus accrued interest.

The paying agent is the Bank of New York Mellon, London Branch.

Foodcorp (Proprietary), based in Bryanston, South Africa, is a food producer and manufacturer.


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