Rent-A-Center to redeem remaining $73.38 million of 7½% notes

By Jennifer Chiou

New York, June 10 - Rent-A-Center Inc. announced the call of its remaining $75,375,000 of 7½% senior subordinated notes due 2010 at par plus accrued interest on July 28.

The company expects to fund the redemption with cash flow generated from operations and borrowings available under its senior credit facilities.

Rent-A-Center is a Plano, Texas-based rent-to-own operator.

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