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Published on 12/30/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Res-Care redeems all $200 million 10¾% senior notes due Jan. 15, 2019

By Tali Rackner

Norfolk, Va., Dec. 30 – Res-Care, Inc. completed the Monday redemption of all $200 million of its 10¾% senior notes due Jan. 15, 2019, according to an 8-K filing with the Securities and Exchange Commission.

The notes were redeemed at 105.819 plus accrued interest through the redemption date. The company issued the redemption notice on Nov. 5.

ResCare is a Louisville, Ky.-based human services company that provides residential and support services, education and job placement services primarily for people with disabilities and youth with special needs.


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