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Asbury Automotive contemplates 7 5/8% note redemption via new offering
By Tali David
Minneapolis, June 17 - Asbury Automotive Group, Inc. might redeem its 7 5/8% senior subordinated notes due 2017 with the proceeds of a new note offering, according to a press release.
The company plans to price a $75 million add-on to its $200 million of 8 3/8% senior subordinated notes due 2020.
Asbury is a Duluth, Ga.-based automotive retailer.
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