Primus to redeem 10% notes due 2017, 13% notes due 2016 on Aug. 30

By Tali David

Minneapolis, July 31 - Primus Telecommunications Holding, Inc. called all $125,279,394 principal amount of its 10% senior secured notes due 2017, according to an 8-K filed with the Securities and Exchange Commission.

The notes will be redeemed on Aug. 30.

In addition, Primus Telecommunications Holding and Primus Telecommunications Canada, Inc. called all $2,403,000 of their 13% senior secured notes due 2016 for a total purchase amount of $2,710,963.

U.S. Bank NA is the trustee and collateral agent.

Primus Telecommunications Group provides voice, data, mobile services, broadband internet, collocation, hosting and outsourced managed services to business and residential customers. It is based in McLean, Va.

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