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Published on 11/14/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

iStar Financial plans to redeem $404.9 million of 8 5/8% on Dec. 13

By Tali David

Minneapolis, Nov. 14 - iStar Financial Inc. plans to redeem $404.9 million of its 8 5/8% unsecured senior notes due 2013, according to a press release.

The bonds will be redeemed at par plus accrued interest on Dec. 13.

U.S. Bank NA is the agent.

iStar is a New York-based finance company focused on the commercial real estate industry.


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