RELM Holdings announces $30 million debt offering

St. Louis, March 19 - RELM Holdings Inc. announced on Friday that it is proposing to issue $30 million of senior notes due 2015, via Rule 144A and Regulation S.

RELM intends to use the proceeds for general corporate purposes, which may include funding of potential acquisitions, repayment of debt, capital expenditures or the purchase of commercial real estate projects.

RELM is a Wilmington, Del.-based holding company with a primary focus on financial and information technology services along with real estate.

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