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MDC Partners to redeem 11% senior notes due 2016 via new offering
By Tali David
Minneapolis, March 8 - MDC Partners Inc. plans to redeem $425 million of its 11% senior notes due 2016 with the proceeds of its new offering of $500 million of senior notes due 2020, according to a press release.
The company will also use the proceeds to pay accrued interest, related premiums, fees and expenses.
MDC is a Toronto-based marketing and communications network.
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