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Prospect News home > News index > List of issuers H > Headlines for Hollinger International Publishing Inc. > News item |
Hollinger to bring $110 million seven-year notes via Wachovia
By Paul A. Harris
St. Louis, Feb. 28 - Hollinger Inc. announced its intention to come to the high-yield market with $110 million of senior secured notes due 2010 (B), according to company and syndicate sources.
Wachovia Securities, Inc. will be the bookrunner.
The Rule 144A notes will be non-callable for four years.
Proceeds will be used to repay bank debt.
The issuer is a newspaper publisher with English-language newspapers in the United States, Great Britain, and Israel.
Timing remains to be determined.
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