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Prospect News home > News index > List of issuers S > Headlines for School Specialty, Inc. > News item
Published on 2/23/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

School Specialty repurchases all $42.5 million convertibles due 2026

By Ashley Montgomery

Kansas City, Kan., Feb. 23 - School Specialty, Inc. said it repurchased and canceled all $42.5 million outstanding of its convertible subordinated notes due 2026 during the third quarter of fiscal 2012.

The company used a portion of the term loan under its credit facility to fund the transaction.

School Specialty is a Greenville, Wis.-based education company.


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