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Mattel to redeem $1.23 billion outstanding 6¾% notes due 2025
By Taylor Fox
New York, March 9 – Mattel, Inc. plans to redeem $1,225,000,000 of its outstanding 6¾% senior notes due 2025, according to a news release.
The notes will be redeemed using proceeds from an announced offering of new notes due 2026 and 2029, together with cash on hand.
Mattel is a Hawthorne, Calif.-based toy manufacturer.
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