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MagnaChip to redeem $224.25 million 6 5/8% senior notes due 2021
By Taylor Fox
New York, Sept. 8 – MagnaChip Semiconductor SA. issued a notice of full redemption to the holders of its $224.25 million 6 5/8% senior notes due 2021, according to an 8-K filing with the Securities and Exchange Commission.
The notes will be redeemed on Oct. 2 at par, plus interest up to, but excluding, the redemption date.
MagnaChip is a Seoul, South Korea- and San Jose, Calif.-based semiconductor company.
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