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Published on 3/14/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

TreeHouse Foods to redeem outstanding 7¾% notes on April 10 at 103.875

By Marisa Wong

Madison, Wis., March 14 - TreeHouse Foods, Inc. gave notice that it will redeem on April 10 all of its 7¾% senior notes due 2018 that remain outstanding on the redemption date.

The notes will be redeemed at 103.875 plus accrued interest to the redemption date. The amount of interest accrued from March 1 to the redemption date will be about $8.40 per $1,000 principal amount.

Wells Fargo Bank, NA is the trustee.

As previously reported by Prospect News, investors had tendered $298 million, or 74.55%, of the $400 million outstanding 7¾% notes by 5 p.m. ET on March 10, the consent date of a tender offer that began on Feb. 25. The tender offer expires at 11:59 p.m. ET on March 24.

As of March 11, $101,787,000 of the notes remained outstanding.

The issuer is an Oak Brook, Ill.-based food manufacturer.


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