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Published on 12/13/2013 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Fiesta to redeem remaining 8 7/8% notes on Dec. 16 at 104.4334

By Marisa Wong

Madison, Wis., Dec. 13 - Fiesta Restaurant Group, Inc. will redeem the $77,299,000 outstanding principal amount of its 8 7/8% senior secured second-lien notes due Aug. 15, 2016 on Dec. 16 at 104.4334, according to a notice.

Fiesta recently completed a tender offer for the 8 7/8% notes, settling tenders for $122,701,000 of the original $200 million 8 7/8% notes.

The company called the remainder of the notes at the end of the offer but had not disclosed the redemption price.

Fiesta is a restaurant chain based in Addison, Texas.


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