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Goodman to redeem 12 1/8% senior secured notes due 2018 via stock
By Tali Rackner
Norfolk, Va., April 11 - Goodman Networks Inc. plans to use the proceeds from a common stock offering to exercise its right to redeem its 12 1/8% senior secured notes due 2018, according to an 8-K filing with the Securities and Exchange Commission.
The notes will be redeemed at 112.125 plus accrued interest to the redemption date.
Proceeds will also be used for general corporate purposes.
Goodman is a Plano, Texas-based telecommunications services company.
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