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RSC offering to buy back $70 million of second-lien loan at 91
By Sara Rosenberg
New York, Oct. 13 - RSC Holdings Inc. launched a tender offer on Tuesday for $70 million of is second-lien term loan debt at a price of 91, according to a market source.
Lenders have until noon ET on Thursday to tender their loans.
Deutsche Bank is leading the tender offer.
RSC is a Scottsdale, Ariz.-based company involved in the rental of various construction and industrial equipment.
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