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InterGen announces $800 million secured notes offering
By Paul A. Harris
Portland, Ore., May 21 - InterGen NV announced in a Tuesday press release that it intends to sell $800 million of senior secured notes.
Proceeds and new bank debt will be used to fund the tender offer for the company's 9½% senior secured notes due 2017, its 9% senior secured notes due 2017 and its 8½% senior secured notes due 2017, as well as to repay bank debt and for general corporate purposes.
InterGen is a Burlington, Mass.-based power generator.
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