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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 11/12/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

E*Trade to redeem all outstanding 6¾%, 6% via new notes and cash

By Marisa Wong

Madison, Wis., Nov. 12 – E*Trade Financial Corp. plans to redeem all of its outstanding 6¾% senior notes due 2016 and 6% senior notes due 2017, according to a press release.

The company will redeem the outstanding notes using proceeds from its offering of new senior notes due 2022 along with about $460 million of existing corporate cash.

E*Trade is a New York-based financial services provider.


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