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RiskMetrics to repay some bank debt with IPO proceeds
By Sara Rosenberg
New York, Sept. 19 - RiskMetrics Group, Inc. is planning on repaying some of its first- and second-lien bank debt using proceeds from a proposed initial public offering of common stock, according to an S-1 filed with the Securities and Exchange Commission Wednesday.
Remaining proceeds from the IPO will be used for general corporate purposes, including working capital.
RiskMetrics is a New York-based provider of risk management and corporate governance products and services to participants in the global financial markets.
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