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Published on 7/15/2015 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Spencer Spirit to redeem all $135 million 9%/9¾% PIK toggle notes

By Tali Rackner

Norfolk, Va., July 15 – Spencer Spirit Holdings, Inc. and SSH Holdings, Inc. plan to redeem all $135 million of their 9%/9¾% pay-in-kind toggle notes due May 1, 2018, according to a notice.

The notes will be redeemed at 101 on July 29.

The Bank of New York Mellon Trust Co., NA is the trustee agent.

Spencer Spirit operates a mall-based specialty retailer and is based in Egg Harbor Township, N.J.


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