Intertape unit calls $55 million of 8½% senior subordinated notes

By Marisa Wong

Madison, Wis., Oct. 29 - Intertape Polymer Group Inc. announced that wholly owned subsidiary Intertape Polymer US Inc. will redeem $55 million principal amount of its outstanding 8½% senior subordinated notes due August 2014.

The notes will be redeemed on Dec. 13 at par plus accrued interest to the redemption date.

Wilmington Trust Co. (203 453-4130) is the trustee.

Intertape develops, manufactures and sells paper- and film-based pressure-sensitive and water-activated tapes, specialized polyolefin films, woven fabrics and complementary packaging systems for industrial and retail use. The company's dual headquarters are located in Montreal and Bradenton, Fla.

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