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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 2/24/2014 in the Prospect News High Yield Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

MDC Holdings calls all $250 million of 5 3/8% senior notes due 2014

By Tali Rackner

Norfolk, Va., Feb. 24 - MDC Holdings, Inc. plans to redeem all $250 million of its 5 3/8% senior notes due December 2014, according to a press release.

The notes will be redeemed on March 25.

The redemption price will include a premium based on the present value of the remaining scheduled payments.

The redemption will be funded from the company's available cash balances.

The homebuilding and financial services company is based in Denver.


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