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MDC to redeem all $126.27 million 5½% notes due 2024 on Dec. 23
By Wendy Van Sickle
Columbus, Ohio, Nov. 23 – MDC Holdings, Inc. will redeem all $126,268,000 outstanding of its 5½% senior notes due January 2024 (Cusip: 552676AR9) on Dec. 23, according to a press release on Tuesday.
The notes will be redeemed at par plus a make-whole premium plus accrued interest. The redemption will be funded from available cash balances of the company.
The homebuilding and financial services company is based in Denver.
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