Amscan Holdings calls all $59.21 million 8¾% senior subordinated notes

By Tali David

Minneapolis, Aug. 1 - Amscan Holdings, Inc. called all $59,214,000 of its outstanding 8¾% senior subordinated notes due 2014, according to a redemption notice.

The bonds will be redeemed at par plus the applicable premium, if any, on Aug. 27.

A tender offer for the notes will end at midnight ET on Aug. 9. The amount on offer is $1,003.75, which includes an early tender payment of $30.00 for those who tendered by 5 p.m. ET on July 26.

As of the early deadline, holders had tendered $115.8 million of the $175 million notes.

Amscan is an Elmsford, N.Y.-based designer, manufacturer and distributor of decorated party goods and party accessories.

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