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APX conditionally calls $250 million 8¾% senior notes due 2020
By Marisa Wong
Morgantown, W.Va., April 23 – APX Group Holdings, Inc. plans to redeem $250 million of its 8¾% senior notes due 2020.
The partial redemption is conditioned on APX completing an issuance of senior secured notes. Wholly owned subsidiary APX Group, Inc. plans to offer $250 million of senior secured notes due 2024 in a private placement.
APX is the parent holding company of Vivint, Inc., a home automation services provider based in Provo, Utah.
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