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Merck’s Schering-Plough redeems all $1 billion 6% notes due 2017
By Marisa Wong
Madison, Wis., Dec. 5 – Schering-Plough Corp. redeemed its $1 billion of outstanding 6% senior notes due 2017 in full on Dec. 1, according to a notice.
The notes were redeemed at 113.369.
Schering-Plough was a Kenilworth, N.J.-based pharmaceutical company and is a subsidiary of Whitehouse Station, N.J.-based Merck & Co., Inc.
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